No-deal Brexit would force Japanese investors to reassess 40-year bet on UK

  • 📰 Reuters
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Japanese companies and investors would be forced to reassess their four-decade b...

) were encouraged by former Prime Minister Margaret Thatcher to use the country as a launchpad into Europe.

“If those conditions drastically change and make it impossible for companies to adapt, they will have to consider very carefully how they will go about continuing business here in the UK,” Japan’s ambassador to London, Koji Tsuruoka, told Reuters. More than three years of political squabbling over Brexit have left allies and investors puzzled by a country that for decades seemed a confident pillar of Western economic and political stability.

Tsuruoka said he was hoping for an orderly exit. Nearly 1,000 Japanese companies based in Britain employ more than 150,000 people. Car makers, the country’s biggest exporter of goods, has been one of the most vocal opponents of a no-deal Brexit, warning that production would be hit with tariffs, border delays and new bureaucracy, ruining the viability of many plants.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They’ll be begging to free trade with us as soon as we are allowed to negotiate with them...

They will work in Ireland...

No, it would not.

You bet it will. They'll borrow to double-down.

🙄really...

Uv

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

German Finance Minister warns no-deal Brexit would disrupt tradeGermans face trade bottlenecks if Britain leaves the European Union without a de... 24Mattino mastrobradipo Only if you allow it...
Source: Reuters - 🏆 2. / 97 Read more »

Ireland warns of 'civil unrest' on UK border as hopes of new Brexit deal fadeIreland's deputy prime minister Simon Coveney said there was a 'wide gap' between Boris Johnson and the EU in Brexit talks. The most blatant fear mongering I've seen yet. BIUK_Politics
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK can get Brexit deal and leave by October 31 - junior ministerBritain and the European Union have moved a lot in the seven weeks that Prime Mi... I'll believe it when I see it. WE ARE!
Source: Reuters - 🏆 2. / 97 Read more »

U.S. reassessing aid to Solomon Islands after Taiwan ties cutThe United States is reassessing its assistance to the Solomon Islands after the... China’s a threat to the world I have no idea where the Solomon Islands are. How much Foreign Aid are we talking and who owns them? I thought Reuters was a news organization. You tell me. That’s how this works. I hope this tidbit helps you improve your career. There are consequences when Solomon Islands bows to CCP.
Source: Reuters - 🏆 2. / 97 Read more »

Ireland says Brexit deal is not yet close but 'mood music' has improvedBritain and the European Union are not yet close to a Brexit deal that could res... As long as it's not elevator music, that crap is awful. БРИТНИ НА СВЯЗИ
Source: Reuters - 🏆 2. / 97 Read more »

Trump’s Turnberry resort and a zombie impeachment memoThis week on Nerdcast: Air Force crews have stayed overnight at President Trump's Scottish resort Turnberry up to 40 times. What's the backstory? If the airport fails the golf course fails Tax dollars keeping Trump’s elitist clubs out of bankruptcy
Source: politico - 🏆 381. / 59 Read more »