Threat to British jobs as companies look to move operations overseas
Hundreds of UK companies could switch operations to countries inside the EU in what is threatening to become a dramatic exodus of investment and jobs caused by Brexit.
Brexit on Amazon
The Observer can reveal that by 1 January this year some 500 businesses – mostly UK-owned, or UK-based with overseas owners – were already making inquiries about setting up branches, depots or warehouses in the Netherlands alone, for “Brexit-related reasons”. Since then the number of inquiries from UK companies has increased further.