UK firms not planning on relocation as a result of Brexit, claims survey

brexit relocationA new survey commissioned by relocation firm Saunders 1865 claims that fears of a mass exodus of UK businesses in the wake of the Brexit vote are unfounded. Its study of 100 UK based multinationals with up to 350,000 employees found that none are planning to relocate their main operations overseas as a result of Brexit. Respondents included banks, consulting firms, technology companies and other organisations with a global presence. The study concludes that this indicates that the UK remains an appealing location within which to base international business. Saunders 1865’s CEO, Tony Coe said, “While anecdotal evidence from corporate clients suggested that the reports of a post-Brexit exodus by companies were overblown, we were frankly shocked that we didn’t receive a single response indicating that a move out of the UK was even being considered.”

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