Companies press Brexit panic button in further blow to Theresa May
Source: The Guardian
The scale of no-deal panic gripping major companies has been thrown into sharp focus by a series of damage-limitation announcements, as corporate Britain signalled it is running out of patience with Westminster gridlock.
Sir James Dyson, the Brexit-backing billionaire, dealt a further blow to the government by revealing he is shifting his company headquarters to Singapore in a move that drew sharp criticism.
Dyson’s decision to move his HQ out of the UK came on a day in which a series of high-profile names revealed measures to mitigate the impact of a disorderly departure from the EU:
• P&O announced that its entire fleet of cross-Channel ferries will be re-registered under the Cypriot flag, as the 182-year-old British maritime operator activated its Brexit plans.
• Sony confirmed it is moving its European headquarters from London to Amsterdam.
• The chief executive of luxury carmaker Bentley said the company was stockpiling parts and described Brexit as a “killer” threatening his firm’s profitability.
• Retailers Dixons Carphone and Pets at Home announced plans to shore up supplies in the event of chaos at British ports.
Read more: https://www.theguardian.com/technology/2019/jan/22/no-deal-brexit-panic-grips-major-uk-firms
= new reply since forum marked as read
When will our general public around the globe finally wake up to this "vast right-wing conspiracy"?
...........
..........
