Brexit's uncertain environment forces EU firms to reconsider business investment
Image Credit: REUTERS/Michael Dalder
A survey by Swiss Bank UBS regarding business investment post-Brexit has informed that 34% of 600 EU firms are planning to cut investment due to uncertain trading and regulatory environment. One-tenth of these firms are going to pull out their businesses completely. The British car industry is already facing halved investments and a further drop in investment in other industries will put British jobs at risk.