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Britain's back in favor for corporate deals despite Brexit
Associated Press ^ | Apr 23, 2017 7:02 PM EDT | Pan Pylas

Posted on 04/23/2017 7:18:03 PM PDT by Olog-hai

Britain has reclaimed its place as one of the top five countries that firms look to make deals in, just six months after dropping off the list in the wake of the country’s surprise to leave the European Union, according to a survey released Monday.

In its half-yearly report of business executives, consulting firm EY said Britain has rebounded to be the third most attractive destination for mergers and acquisitions, behind the U.S. and China. Last October, in the wake of the Brexit vote, it had slumped to seventh and out of the top five for the first time in EY’s seven-year history of assessing deal intentions.

Steve Krouskos, EY’s global head of transactions, said he was unsurprised by the turnaround.

Irrespective of the Brexit vote, Krouskos said, Britain remains a “major force in the global economy and a center of deal-making activity.”

In the City of London, Britain has the most comprehensive financial sector in Europe and most commentators think the government, whoever wins the upcoming general election, will seek to retain that status in the Brexit discussions and that Britain will remain an open and transparent place to do business. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Foreign Affairs; United Kingdom
KEYWORDS: angelamerkel; brexit; cityoflondon; euro; europeanunion; eussr; ey; france; germany; krouskos; nato; socialmarketeconomy; unitedkingdom

1 posted on 04/23/2017 7:18:03 PM PDT by Olog-hai
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To: Olog-hai

Was there ever an expectation of something different?


2 posted on 04/23/2017 7:23:44 PM PDT by Clutch Martin (Hot sauce aside, every culture has its pancake, just as evey culture has its noodle.)
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To: Olog-hai

Um, the word “despite” more accurately should be “because”...


3 posted on 04/23/2017 7:29:42 PM PDT by piytar (http://www.truthrevolt.org/videos/bill-whittle-number-one-bullet)
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To: Clutch Martin; Berlin_Freeper
Was there ever an expectation of something different?
nevertrump Berlin_Freeper (breathlessly) posts anti-Brexit bile from Reuters and other leftist sympathizer rags all the time. But you won't see anything like this or anything favorable to Trump or Brexit from him...bank on it.
4 posted on 04/23/2017 7:31:53 PM PDT by lewislynn
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To: Olog-hai

You mean, thanks to Brexit, wot, wot, cheery-o, and all thlat.


5 posted on 04/23/2017 7:38:58 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle

All thlat? What the hell does that mean? Stupid auto-correct.


6 posted on 04/23/2017 7:40:53 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle
Autocorrect substitutes a non-English word for an English word?
7 posted on 04/23/2017 7:59:56 PM PDT by Olog-hai
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To: Olog-hai

Apparently it’s bilingual.


8 posted on 04/23/2017 8:44:51 PM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: lewislynn; Clutch Martin
nevertrump Berlin_Freeper (breathlessly) posts anti-Brexit bile from Reuters and other leftist sympathizer rags all the time. But you won't see anything like this or anything favorable to Trump or Brexit from him...bank on it.
I have not even posted in this thread. Why am I being mentioned or discussed?

Must be the disgusting Republican Party Thug lewislynn (who defended Juan McCain on ILLEGALS and Romney on ABORTION) is pushing 90 and confusing his medication bottles.

I'll note that crazy Thug lewislynn has never once asked me what I thought about Trump. He makes these crazy abusive posts and then runs off like a coward when I try to engage him in discussion.

But you won't see anything like this or anything favorable to Trump or Brexit from him...bank on it.
Hey - Thug Party Thug lewislynn with me living rent free in your crazy head... you just lost the bank!:

Me quickly standing up for Trump against a bs poll in post #2.

Me posting Trump is doing a good job with the campaign, lifting spirits when people were at their lowest point before Comely contacted Congress about Hillary.

Me posting six ways Trump can win.

Me - from recent memory when Trump attacked Syria: God Bless President Trump and God Bless America!

On Brexit - posted in a discussion (discussion - something the crazy Thug is never interested in) that: Britain will be fine, ten to twenty percent poorer but there are more important things in life than money. I have been ten to twenty percnt poorer in my life and I was still fine.

As for this article, crazy Thug lewislynn, I am not so sure that "mergers and acquisitions" is something that points to solid economic growth. Such business deals can be parasitic in nature. Such as shutting down divisions of the company or splintering and destroying it like your ABORTION HERO Romney got rich doing. Not that I am against Romney on this but that is what's often done. In fact this could be another bad sign of Brexit.

But it's not like you are pinging me to discuss. You just want to be abusive and run off like always. Sorry to dash your one desperate hope on Brexit. Too bad for you - cold hard economic data (reported by Reuters, not made by them) breaks your black heart. I'll try to weep for you.

9 posted on 04/23/2017 10:16:48 PM PDT by Berlin_Freeper (Happy Nobama!)
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To: Berlin_Freeper; lewislynn

LoL!

Not bad before coffee. :)

Too easy.


10 posted on 04/23/2017 10:20:55 PM PDT by Berlin_Freeper (Happy Nobama!)
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To: lewislynn

I thought when Trump won we were going to be a happy bunch.

You might want to borrow a magnifying class and check your medication labels for depression warnings.


11 posted on 04/23/2017 11:01:59 PM PDT by Berlin_Freeper (Happy Nobama!)
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To: lewislynn

Ask your neighbors kid to build you a wheelchair and visit the world one more time.


12 posted on 04/23/2017 11:05:25 PM PDT by Berlin_Freeper (Happy Nobama!)
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To: lewislynn

http://testyourdepression.com


13 posted on 04/24/2017 12:32:55 AM PDT by Berlin_Freeper (Happy Nobama!)
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To: lewislynn; Clutch Martin
Oh. Here I posted Theresa May's pro Brexit speech.

Theresa May: People are coming together after division over Brexit vote

Not even long ago, crazy fool.

14 posted on 04/24/2017 2:31:27 AM PDT by Berlin_Freeper (Happy Nobama!)
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To: Berlin_Freeper
The Good Life Radio
15 posted on 04/24/2017 2:35:53 AM PDT by Berlin_Freeper (Happy Nobama!)
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To: lewislynn; Clutch Martin
While we are on the subject, let me finally try to make one thing clear to lewislynn...

I am actually pro-Brexit. I was originally against the idea like 48 percent of the vote but since the election result I completely support Brexit. Article 50 today and full separation tomorrow - is exactly what I have already posted about it.

However people have invested their lives into the EU system and why needlessly hurt them. So go ahead and take a few years as far as I care.

You know who should be anti-Brexit? Crazy stalker lewislynn. He should be anti this Brexit, where Theresa May refuses to guarantee significantly less immigrants (if they no longer come from Poland then they be funneled in from places like Pakistan) and where unelected clerks fudge small print on laws adopted wholesale from the despised EU laws.

Yes I should actually be thanked for posting but do you think I ever will be?
But still I do it, occasionally when Brexit news pops up and I confine a few links in a thread so I am not spamming FR with Brexit news.

May 'cannot guarantee immigration will be significantly lower after Brexit'

At the end of March the government set out its plan for a "Great Repeal Bill" – which doesn't actually jettison all the hated EU legislation that Britain voted to reject. In fact it does the opposite. The government will ask parliament to import, wholesale, 40,000 legal acts, 15,000 court verdicts and 62,000 international standards: all the EU law that currently applies to the UK. But the government will give itself a 'Henry VIII clause', allowing ministers and civil servants to tinker with the fine print of that law without referring back to parliament.

Excuse me, back to The Good Life.
Look into it.

16 posted on 04/24/2017 3:03:52 AM PDT by Berlin_Freeper (Happy Nobama!)
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To: Berlin_Freeper
Well, thanks from me, at least.

Your post illustrates in passing the misconceptions which arise when the usual easy rhetoric of the 'all-powerful EU superstate' is assumed to be established fact rather than an aspiration which, as yet, is very imperfectly realised.

Sure, the treaties speak of 'ever closer union' and sure there are those within the EU who are actively working towards it. But progress towards the unified superstate is slow, and is constantly thwarted by the dogged independence of the member states (not just the UK or the Eastern Europeans) whenever their own local interests are threatened. France the victim of an all-powerful EU? C'mon...

These misconceptions were very apparent during the Brexit campaign. If you see a regulation or group of regulations coming from the EU which you particularly dislike, it's very easy to blame the EU for their adoption and see them as indicative of a loss of sovereignty. But in many if not most of the cases which were quoted by people interviewed about their reason for voting Leave, the regulation concerned was actively promoted or supported in the EU Council of Ministers by the British government of the time, sometimes even based on existing British national legislation which then went Europe-wide: and it's not surprising that the UK therefore choose not to exercise the various derogations and opt-outs open to it if it was thought to be contrary to the national interest. So far from being the helpless victim of an all-powerful superstate, the UK was flexing its own muscle in the EU and responsibility for those regulations arriving in Britain lay not with the EU but firmly with successive British governments.

Hence incidentally also, the Great Repeal Bill and the Henry VIII measures you mention will often be the repatriation of regulations which began life in the UK in the first place.

17 posted on 04/24/2017 5:56:03 AM PDT by Winniesboy
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To: Winniesboy

You’re welcome Winniesboy and thank you for the thoughtful insight.


18 posted on 04/24/2017 6:08:45 AM PDT by Berlin_Freeper (Happy Nobama!)
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