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Brexit: what is at Stake for Uk’s financial sector?
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Resumo(s)
With Brexit, there is the first case a member state chose to leave the EU. Brexit has a
tremendous impact on UK’s financial sector especially with a potential loss of passport rights
and reduced access to Europe’s single market. FDI attractiveness in the UK could decline. A
competitive tax reform in the UK might boost the attractiveness to FDI again, but even with
lower taxes a reduced access to the single market could have a large impact as a key factor for
UK’s FDI attraction. Less FDI projects would cause lower productivity and potential
economic growth in the UK.
Descrição
Palavras-chave
Brexit United Kingdom Financial passport rights FDI