Brexodus: Difference between revisions

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imported>Doug Williamson
(Create page. Source: The Treasurer, April 2019 p 6.)
 
imported>Doug Williamson
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The term 'Brexodus' is a combination of '''BR'''itain and '''exodus'''.
The term 'Brexodus' is a combination of '''BR'''itain and '''exodus'''.


It refers to the movement of businesses and individuals out of the UK because of Brexit.
It refers to the movement of businesses and individuals out of the UK that is considered to be a result of Brexit.





Revision as of 05:49, 16 April 2019

The term 'Brexodus' is a combination of BRitain and exodus.

It refers to the movement of businesses and individuals out of the UK that is considered to be a result of Brexit.


Brexit: finance firm relocations mount up

"Some 275 firms in the finance sector have either pulled, or are preparing to pull, business worth £900bn out of the UK because of Brexit, according to a March report from New Financial.
Entitled The New Financial Brexitometer, the report notes, 'Brexit effectively happened some time last year'.
New Financial MD William Wright says: 'The top line figure almost certainly understates the extent of the Brexodus.
We are only looking at companies that have said publicly what they are doing or have set up a new entity in the past 18 months.
This is phase one.'"


The Treasurer magazine, Cash Management Edition April 2019, p6.


See also


Other links

Brexit - ACT Resources

Brexit: ACT Technical Guidance and Comment