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Leaving the EU – Europe's companies show Brexit coolness News

Saturday, August 19th, 2017 | Economy

Almost 70 per cent of the 200 finance ministers in the UK and the rest of Europe surveyed by the news and data group Thomson Reuters say that the referendum had not yet had any impact on their strategic plans.
"The results suggest a relatively weak response from the economy, not the short-circuit response that some had expected," said Thomson Reuters manager Laurence Kiddle on Thursday. Only 12 percent of the financial managers interviewed had examined a transfer of business from Great Britain.
It was true that about one in three expected a reduction in the number of employees in Great Britain as a result of the Brexit vote. However, only about 19 percent of respondents said they wanted to move jobs. Among other things, the Royal Bank of Scotland announced earlier this month that 150 jobs would be moved to Amsterdam. However, more than one in five financial leaders admitted that the referendum was held in June 2016 by an expansion on the island.
Some companies even see new business opportunities. The Swiss private bank, Julius Baer, ​​is opening three new offices in the UK and wants to win from Brexit unsettled, wealthy Brits as customers. On Wednesday, Amazon also announced that it would open a new sales office in Bristol and hire 1000 employees there.
(Reuters)

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