News

Reuters CFO Survey: Most firms have not changed strategic planning due to Brexit

A survey of chief financial officers (CFO) across Britain and Europe conducted by Thomson Reuters revealed the following:

69 percent of businesses had not seen an impact from the vote for Brexit on their strategic planning

"The results suggest a relatively muted response from business so far - not the knee-jerk reaction that some expected," said Laurence Kiddle, managing director for the EMEA Tax & Accounting business of Thomson Reuters

12 percent of CFOs had investigated moving operations out of Britain

34 percent said that they anticipated the number of employees in the UK decreasing

19 percent said that they planned to relocate staff as a result of Brexit

21 percent of all CFOs saying they had have held off from expanding in the UK as a result of the vote

UK FinMin Hammond is more trusted than UK PM May by UK and EU businesses

UK and EU businesses have most confidence in Bank of England (BOE) Governor Carney in generating a positive deal for their industry

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.