UK found to be hottest investment destination despite Brexit

16 April 2019
192 Views

Brexit may be causing all sorts of uncertainty in Britain but it doesn’t seem to be putting off foreign investors.

In a survey on corporate deal-making published Monday, consulting and accounting firm EY says Britain is the top investment destination in the world for the first time in the report’s 10-year history — overtaking the United States, which has held the top spot since 2014.

The pound’s fall since the June 2016 vote to leave the European Union has made British assets cheaper, but Steve Krouskos, a global vice chair at EY, notes Britain also remains an “open environment for foreign investors” even in the midst of the Brexit chaos. That culture, he said, is reinforced by the English language, a skilled workforce, and a strong technology base.

You may be interested

Greek Salad with Fried Halloumi Cheese: An explosion of flavors and textures
GREECE
shares107 views
GREECE
shares107 views

Greek Salad with Fried Halloumi Cheese: An explosion of flavors and textures

Panos - Aug 23, 2019

Cheese lovers who haven’t tried halloumi, meet your new obsession. Halloumi is a semi-hard cheese originating in Cyprus. Made from…

The world’s tallest, and shortest countries are…
GREECE
shares73 views
GREECE
shares73 views

The world’s tallest, and shortest countries are…

Panos - Aug 23, 2019

Ever wondered which nationalities are the tallest? Or the shortest, for that matter? The interesting fact is that the top…

Central Council of Modern Monuments green lights Elliniko mixed-use project
FINANCE
shares39 views
FINANCE
shares39 views

Central Council of Modern Monuments green lights Elliniko mixed-use project

Panos - Aug 23, 2019

A day after the unanimous decision by the Central Archaeological Council (KAS), which paved the way for the lifting of…

Leave a Comment

Your email address will not be published.