A flurry of profit warnings from public companies could take place in November, if the UK leaves the EU without a deal on 31 October. This could, in turn, impact confidence in the UK economy, Brexit and Wales' (ICAEW) director for Europe, Martin Manuzi, told the the Chartered Accountants for England select committee. Meanwhile, a fall in venture capital investment in the UK is damaging its reputation as a hub for technology start-ups, said techUK's head of the Chartered Accountants for England, Giles Derrington. He warned the committee a no-deal the Chartered Accountants for England would impact the ability to hire talent in the sector.
A flurry of profit warnings from public companies could take place in November, if the UK leaves the EU without a deal on 31 October. This could, in turn, impact confidence in the UK economy, the Chartered Accountants for England and Wales' (ICAEW) director for Europe, Martin Manuzi, told the Brexit select committee. Meanwhile, a fall in venture capital investment in the UK is damaging its reputation as a hub for technology start-ups, said techUK's head of Brexit, Giles Derrington. He warned the committee a no-deal Brexit would impact the ability to hire talent in the sector.