FOLLOW US

Brand Stories February 1, 2019 2 mins read

33 Percent of Businesses May Leave After Brexit

Brand Stories ı By Cedric Dent

0 Comments

Europe Brexit United Kingdom England Eu Puzzle

Almost 33 percent of businesses could move out of Great Britain following Brexit. According to the Institute of Directors, 16 percent already had plans to move while another 13 percent were actively considering it.

The Netherlands

The Dutch government says that over 250 companies are actively talking to them about moving their headquarters to this country. Two of the largest companies to announce their plans to move to the Netherlands are Sony and Panasonic. CME Group who operates a $240-billion-dollar-a-day short-term capital market says it is moving to Amsterdam and Cboe Global is following them there.

Cyprus

For over 182 years, P & O has operated their cross-channel ferries under Great Britain’s flag. That will no longer be the case. The company has announced plans to start sailing under Cyprus flags.

Germany

Over 30 banks, brokers and other financial institutions are set to move up to $900 billion into Germany in 2019’s first quarter. Several companies have indicated that they have an interest in moving their headquarters to Germany. Among them is Muji department stores. The Japanese fashion retailer who operates 12 stores across the United Kingdom says that they are prepared to move to Germany. JP Morgan is moving over $261.8 billion to Frankfurt.  

Belgium

Lloyd of London has announced that they will move their European Union headquarters to Brussels. This company that was created in England during the 17th century is on track to open their headquarters in Brussels during the first quarter.

Slovakia

Not only are large countries set to benefit from England’s exit from the European Union, but so are smaller countries. One of the largest companies to announce that they are moving operations to Slovakia is Jaguar Land River. This company who has been the largest car manufacturer in Great Britain insists that the move is not politically motivated. They already have a $1.3 billion facility in the country.

Luxembourg

Some companies are choosing to relocate their headquarters to Luxembourg. Among them is RSA Group, who provides insurance in more than 140 countries under a variety of brand names. Other insurance companies are following them including AIG, Liberty Specialty Markets and Hiscox. 

Other manufacturers are stockpiling parts and supplies in case there is no deal allowing the government to delay Brexit. Among these is Bentley who says that they may have to close their Crewe, Cheshire, England plant for a while.  

Previous Article

Calls for Bipartisanship Mount Following Government Shutdown

Read More
217 Posts

Cedric Dent

Cedric is a contributor to the USA Herald.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America October 02, 2026
SNAP Cost Shift Sends a Bigger Bill to States and Counties
By – Michallie Harrison
America October 2, 2026
Atlantic Coast Insurance Suspension Follows Growing…

The atlantic coast insurance suspension has added another layer of…

By – Rachel Moore
America October 2, 2026
Kaiser Permanente Layoffs Eliminate 147 Jobs…

A major shake-up is coming to Kaiser Permanente’s California workforce,…

By – Rachel Moore
America October 2, 2026
ICC Ends Contract With French Insurer…

The International Criminal Court has severed its health insurance relationship…

By – Rachel Moore
America October 2, 2026
Minnesota Health Insurance Rates Rise as…

Minnesota residents buying health coverage outside employer-sponsored plans are heading…

By – Rachel Moore
America October 2, 2026
Nexfibre’s $2.7B Deal Faces U.K. Competition…

The U.K. competition regulator has raised a major red flag…

By – Tyler Brooks
America October 2, 2026
NFL Concussion Claims Count as Separate…

What the Coverage Ruling Means Each former player’s claim counts…

By – Samuel Lopez
America October 2, 2026
NFL Concussion Claims Count as Separate…

What the Coverage Ruling Means Each former player’s claim counts…

By – Samuel Lopez
America October 2, 2026
Visa Mastercard Antitrust Suit Targets Card…

A San Diego pizza restaurant has taken aim at two…

By – Tyler Brooks
America October 2, 2026
Operation Epic Fury: Trump Warns Iran…

Operation Epic Fury remains central to the Trump administration’s account…

By – Jackie Allen
America October 2, 2026
Capitol Police Plaque Lawsuit Dismissal Ends…

Sometimes a legal fight isn’t about the money or the…

By – Tyler Brooks
America October 2, 2026
G7’s Release of 100M Barrels of…

What Truckers and Consumers Need to Know The G7’s 100-million-barrel…

By – Samuel Lopez
America October 2, 2026
Halle Berry Hit with Temporary Restraining…

What the Court Order Signals A Los Angeles judge granted…

By – Samuel Lopez
America October 2, 2026
Killed by in-laws: New York Times…

Jonathan McKinsey, 40, was killed by his elderly in-laws. They…

By – Jackie Allen
America October 1, 2026
Government Spending: Trump Administration Moves to…

 The Trump administration is moving to cancel nearly $1 billion…

By – Jackie Allen
America October 1, 2026
JPMorgan Executive Renews Countersuit After Ex-Banker’s…

The “sex slave” allegations involving JPMorgan Chase executive Lorna Hajdini…

By – Jackie Allen
America October 1, 2026
Diesel Crisis: Louisiana Relief Meets New…

Louisiana’s diesel crisis has entered October with emergency relief still…

By – Michallie Harrison
America September 30, 2026
Chad Lowe’s Daughter Fiona Dies at…

Actor Chad Lowe and his wife, producer Kim Painter, are mourning the…

By – Jackie Allen
America September 29, 2026
Clone Saga could replace Spider-Noir as…

The Clone Saga could be coming to television as Sony…

By – Jackie Allen
America September 30, 2026
Former NASCAR Driver Jennifer Jo Cobb…

What This Verdict Means A North Carolina jury found former…

By – Samuel Lopez
America September 30, 2026
Arnold Schwarzenegger Heads to Jury Trial…

What the Jury Will Decide Schwarzenegger has conceded negligence in…

By – Samuel Lopez
America September 30, 2026
Oklahoma Judge Strips Secrecy From 11…

Inside the Hursh Courtroom Showdown A judge removed the confidential…

By – Samuel Lopez
America September 30, 2026
AI Is Creating New Losses Faster…

What Policyholders Need to Know Deepfakes and misinformation dominate reported…

By – Samuel Lopez
America September 30, 2026
California ‘Kelvin Wave’ Phenomena Could Supercharge…

What Coastal Homeowners Need to Know A massive El Niño-linked…

By – Samuel Lopez
America September 30, 2026
Queen and David Bowie’s Copyright Dispute…

What the Copyright Record Actually Shows Queen and David Bowie…

By – Samuel Lopez
America September 29, 2026
Trump Launches America.gov AI Portal That…

What Americans Need to Know gov is now an AI-powered…

By – Samuel Lopez
America September 28, 2026
Pope Leo XIV Condemns France’s New…

What Readers Should Know Pope Leo XIV used his visit…

By – Samuel Lopez
America September 27, 2026
Strangers Collected $30 Million In ‘Illegal…

What You Need to Know 1. George A. Neukom Jr.’s estate…

By – Samuel Lopez
America September 26, 2026
Princess Diaries Star Heather Matarazzo Says…

WHY THIS MATTERS Heather Matarazzo just admitted something most working…

By – Samuel Lopez
America September 24, 2026
California’s $11 Billion Undocumented Immigrant Benefits…

By Samuel López | USA Herald SACRAMENTO – California is…

By – Samuel Lopez
America September 22, 2026
Hayden Panettiere’s Cause of Death Confirms…

What the Toxicology Findings Tell Us Hayden Panettiere’s death has…

By – Samuel Lopez
America September 28, 2026
JJ McCarthy Trade Sends Former First-Rounder…

Two years ago, a franchise spent a top-10 pick on…

By – Tyler Brooks
America September 26, 2026
New York Sues Polymarket Claiming Prediction…

What This Fight Is Really About New York says Polymarket…

By – Samuel Lopez
America September 24, 2026
New York Sues Polymarket Over Alleged…

What’s Riding on the Bet New York says Polymarket’s sports…

By – Samuel Lopez
America September 23, 2026
Roblox widow alleges $6 million scam,…

The Roblox widow says a former companion took $6 million…

By – Jackie Allen
America September 22, 2026
Network Traffic Challenges May be Reshaped…

Network traffic has traditionally moved in one dominant direction: from…

By – Jackie Allen
America September 21, 2026
Gilbert Goons Defendant Arrested Again for…

A Gilbert Goons defendant awaiting trial in the 2023 death…

By – Jackie Allen

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter