The German plan is working - Brexit, the gift that keeps on giving

File: image.png (2MB, 1334x750px) Image search: [Google]

2MB, 1334x750px

“UK businesses need to know soon what arrangements will be in place after March 2019, to be able to plan, make investment decisions and have confidence that an orderly and carefully managed approach to Brexit is under way,” Scuoler will tell an audience in Strasbourg on Tuesday. “If they don’t have that assurance there will come a tipping point, sometime in 2018, when boards in the UK and elsewhere will need to make decisions based on the state of the negotiations at that point.”

The latest data from the UK automotive sector already points to a dramatic slowdown in this key industry since the referendum. Figures compiled by the Society of Motor Manufacturer and Traders suggest investment announcements are now running at a quarter of the annual rate seen two years ago.