UK firms plan to shift across Channel after Brexit chaos

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Threat to British jobs as companies look to move operations overseas

Hundreds of UK companies could switch operations to countries inside the EU in what is threatening to become a dramatic exodus of investment and jobs caused by Brexit.

The Observer can reveal that since 1 January, 500 businesses – mostly UK-owned, or UK-based with overseas owners – have made inquiries about setting up branches, depots or warehouses in the Netherlands for “Brexit-related reasons”.

Continue reading… Source: The Guardian

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