Deals
U.K. Out of Top Five Investment Sites Post Brexit, EY Says
- British investments rank behind U.S., China, Germany
- More than half of firms surveyed plan deals in next 12 months
Further Pain Ahead for Sterling and U.K. Investments?
This article is for subscribers only.
The U.K. dropped out of businesses’ top five locations for investments for the first time in seven years as fears about the country’s plans to exit the European Union added complexity to international deals, consultants Ernst & Young LLP said in a survey of executives.
British businesses rank behind investments in the U.S., China, Germany, Canada and France, which make up the top destinations for deals activity, EY said Monday in its Global Capital Confidence Barometer report, which is based on a survey of more than 1,700 executives in 45 countries in August and September.