Dealmakers give Britain the cold shoulder - News Summed Up

Dealmakers give Britain the cold shoulder


Britain is a top destination for American and Chinese investors, but its appeal slipped on the Continent Daniel Leal-Olivas/PABritain has become a less desirable place for companies to invest because of uncertainty surrounding Brexit. The country has dropped from second to the seventh most favourable destination for mergers and acquisitions as investors delay deals while its future with mainland Europe remains unclear, a survey by EY has found. It is the first time since the research began seven years ago that Britain has not been in the top five. The United States leads, while France, Canada and Japan are all deemed more appealing. The survey found that Britain remained a top destination among American and Chinese investors, but…


Source: The Times October 16, 2016 22:52 UTC



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