Almost a third of UK companies could move operations abroad because of Brexit, a survey has suggested. Research for the Institute of Directors revealed that 16% already had relocation plans while a further 13% were actively considering doing so. The IoD said it took “no pleasure” in revealing “these worrying signs”.
Health Secretary Jeremy Hunt has said that “threats” by business over Brexit are “completely inappropriate”. He was responding to warnings by Airbus and BMW that investments in the UK could be jeopardized by Brexit uncertainty.