UK firms plan to shift across Channel after Brexit chaos


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.

The Observer can reveal that since 1 January, 500 businesses – mostly UK-owned, or UK-based with overseas owners – have made inquiries about setting up branches, depots or warehouses in the Netherlands for “Brexit-related reasons”.

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