Brexit Watch: Winter (Vote) is Coming, But Corporate Game Plans Already In Motion — Panjiva


Brexit Watch: Winter (Vote) is Coming, But Corporate Game Plans Already In Motion

Brexit 100 European Union 481 Industrials - Capital Goods 334 United Kingdom 226

The Brexit process is on hold until after a U.K. general election on Dec. 12. With a “flexible extension” granted by the EU all possibilities remain open through the end of January. In a recent Panjiva poll two-thirds of respondents in the finance sector expected a deal-based Brexit to be reached after the elections. Many firms that import intermediate industrial products already appear to have been implementing post-Brexit plans. The proportion of intermediate components imported from the EU across all industries fell to 47.0% in the 12 months to Aug. 31, down from 50.9% in calendar 201...

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