Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 11, 2019

Once Bitten, Twice Shy for U.K. Firms Hit by Brexit Delay

(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

©2019 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search