In brief... Brexit and outward investment by UK firms
Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson
Media reports have highlighted that some UK firms have started to move production abroad in anticipation of Brexit. CEP analysis confirms that there has indeed been a substantial increase in outward investments. The shift is entirely driven by the services sector, perhaps because Brexit negotiations have made manufacturing the priority.
1 July 2019 Paper Number CEPCP552
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This CentrePiece article is published under the centre's Trade programme.