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UK found to be hottest investment destination despite Brexit

LONDON — Brexit may be causing all sorts of uncertainty in Britain but it doesn’t seem to be putting off foreign investors.

In its half-yearly update on global corporate deal-making published Monday, consulting and accountancy firm EY says Britain is the number one investment destination in the world for the first time in the survey’s 10-year history.

Steve Krouskos, a global vice chair at EY, says Britain is an “open environment for foreign investors” even in the midst of the Brexit chaos.

EY found that global interest in mergers and acquisitions is at a 10-year high, with 59 per cent of companies planning a deal in the next year.

EY surveyed 2,900 senior executives across 47 countries.

Pan Pylas, The Associated Press

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When the domino’s fall in this global bubble stock market one of the big failures will be Deutsche bank with 44 trillion in derivatives which will clobber the EU. I wouldn’t invest in any market right now with over 250 trillion in derivatives world wide. As housing prices drop, mortgages will default then all the toxic loans will be exposed. They fixed nothing after 2008, they just printed more money, promoted stock buy backs, propped up real estate and made the debt 4 times larger. Get into cash and precious metal (in your possession) before all the banks fail. Beware the entire G20 has allowed for bail-ins where banks take depositors money. In Canada Trudeau buried Bill C-15 deep in the 2016 budget on page 233 which allows banks to bail-in. Lot’s of good video’s on YouTube explaining bail-ins if you need info, it’s one topic even the CBC and The Rebel agree on.

April 15, 2019 at 8:15 am