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. The government has been under pressure to publish more information about what it plans to do with the £350m that will be spent by 2019/20 on developing new nuclear power stations after leaving the
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.