BoJo and Trade – What are Business Leaders saying?

July 26, 2019

Boris Johnson has now formally accepted the Queen’s invitation to form a government. TFG heard from leaders in trade, treasury, export and finance. “The pressure is on for the new Prime Minister to successfully negotiate a Brexit deal in under 100 days, and this is going to amplify the market volatility we’re already seeing in foreign exchange markets. We’ve seen what has happened in the U.S. in the last few years under President Trump, where despite impressive economic growth, the geo-political volatility, the trade war with China and even Brexit are negatively impacting a good portion of multinational companies with currency-related losses,” said Simon Shorthose, MD for Kyriba, Northern Europe.

 
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