UK found to be hottest investment destination despite Brexit
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
JOKER results: 18/08/2019Panos - Aug 18, 2019
The winning numbers from the JOKER draw are as follows:
Lotto results: 17/08/2019Panos - Aug 17, 2019
The winning numbers from the Lotto draw are as follows:
KAS to meet in bid to change rules on Elliniko projectmakis - Aug 16, 2019
The Central Archaeological Council (KAS), Greece’s top advisory body on the protection of antiquities, which has quite a few new…