Boom in UK firms fleeing to Germany to escape Brexit
The IndependentSign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Big UK companies seeking a “foothold” in the single market to ease the red tape burden helped Germany reach its highest-ever level of foreign direct investment last year. “Companies from all over the world appreciate Germany’s market size, secure legal framework, highly qualified workforce, infrastructure and R&D environment,” said GTAI’s chief executive Robert Hermann. It comes as a new poll found regret among Leave voters has reached a record high – with more voters than ever believing Brexit has been a “failure”. Brexiteer Tory MP David Jones told The Independent that “everyone knew” the break-up would take some time, but insisted “we are already seeing the benefits” – citing trade deals with Australia and New Zealand.
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