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Once Bitten, Twice Shy for U.K. Firms Hit by Brexit Delay
Once Bitten, Twice Shy for U.K. Firms Hit by Brexit Delay
11 Dec 2019, 05:24 PM IST 
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(Bloomberg) --
U.K. companies brought forward orders ahead of the now-postponed Oct. 31 Brexit deadline, giving a boost to manufacturers and spurring demand for imports. However, stockpiling was more limited than in the run-up to the original EU departure date. Firms that wasted money preparing for a no-deal Brexit in March appeared to take a more cautious approach the second time around.
To contact the reporter on this story: Andrew Atkinson in London at a.atkinson@bloomberg.net
To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Brian Swint, Sheldon Reback
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