Why Post Brexit Resilience Should be Viewed with Caution
The U.K. dropped out of businesses’ top five locations for investments for the first time in seven years as fears about the country’s plans to exit the European Union added complexity to international deals, consultants Ernst & Young LLP said in a survey of executives. British businesses rank behind investments in the U.S., China, Germany, Canada and France, which make up the top destinations for deals activity, EY said Monday in its Global Capital Confidence Barometer report, which is based on a survey of more than 1,700 executives in 45 countries in August and September. BNP Paribas Senior Investment Strategist Daniel Morris discusses with Nejra Cehic and Manus Cranny on "Bloomberg Daybreak: Europe."
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U.K.'s May Calls for Two-Year Brexit Transition Period
41:27 - U.K. Prime Minister Theresa May speaks in Florence, Italy on the need for a period of implementation after the nation leaves the European Union. (Source: Bloomberg)