Tuesday, July 26, 2016

Brexit Boom.

BREXIT BOOM: UK business deals up by 800 PER CENT in month following EU Referendum.

BRITISH companies have raked in tens of billions in new deals, with an eight-fold increase in the space of one month, in a business bonanza since the UK voted to leave the European Union. Some 60 deals have been done in the month since Brexit, worth £26.3billion. 

This is in contrast to deals done in the month before the EU referendum which were worth just £3.2bn in total.
One of the biggest deals has been the acquisition of chip designer ARM Holdings by Japan’s SoftBank for £24.4bn – in a clear signal that major countries remain committed to doing business with Britain.
The news has been welcomed by the government, with Prime Minister Theresa May declaring Britain “open for business.”
By JONATHAN OWEN. Express.

The WEA.

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