Brexit uncertainty has British business on edge and disheartened
British productivity is falling at its fastest pace in five years and business investment has stalled since the 2016 Brexit vote
06 November 2019 - 17:17
Huthwaite — As uncertainty over Brexit spills into its fourth year, Swiftool Precision Engineering (SPE) has taken a tough investment decision: it will press ahead with a plan to spend £250,000 (about R4.7m) on a 3D printer but a new workshop roof will have to wait.
Like many British companies, the small, family-owned firm, which makes parts for aircraft engines and offshore oil wells, wants more clarity on what leaving the EU might mean for its business before carrying out all its investment plans...
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