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Old 22nd May 2023, 08:56
  #1129 (permalink)  
petit plateau
 
Join Date: Jul 2007
Location: Europe
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Originally Posted by pr00ne
Industry and finance are NOT “quietly leaving the UK” in fact the opposite is true.
Whilst not in any way disagreeing that Brexit has been bad ( I voted remain and haven’t changed my mind) I still, in my semi retired state, do some commercial M&A (Mergers and Acquisitions) due diligence and commercial terms work, and since 2021 there has been an astounding amount of inward investment in UK industry with German, French and Spanish companies opening new manufacturing operations and expanding existing facilities, along with the usual US, Japanese and Indian UK investment.
Added to a healthy investment environment from established UK majors, the UK industrial and financial scene is remarkably resilient and healthy, despite Brexit.
If that last minute trade tariff and quotas agreement had not been reached then it would indeed have been a disaster!
Inwards M&A is what happens when a country's currency is cheap. The UK is on sale, starting in 2013 and accelerating in 2016. Asset stripping the real value out of the UK in the process. This is not a process that ends well for the UK.




https://www.ons.gov.uk/economy/natio...companies/2021
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