UK still most attractive for business
A report by Colliers International indicates the UK is still the most attractive European country for employers and staff, despite Brexit-related uncertainty.
London ranks first in the league table of 50 European cities, with Birmingham, Edinburgh, Manchester, Bristol and Glasgow also featuring in the top 20. Colliers said a combination of talent, location, quality of life and cost had put Britain ahead.
While the country’s economic and political future remains unstable, it is clear that other aspects of the British lifestyle still appeal to consumers. Colliers indicates that London-based companies are boasting workplaces that accelerate business, but also still attract and support employees.
Colliers insists that London and the UK will remain an attractive place for businesses after Britain leaves the EU. This reaffirms the optimism forced by government concerning post-Brexit Britain. There are fears however from multinational firms, where no clear deal with the EU has led them to consider options outside of the UK.
Frankfurt is one of the front-runners among a host of European cities hoping to attract jobs away from London after Brexit, as businesses seek guaranteed access to the single market. Dublin, Paris, Madrid, Amsterdam and Luxembourg are also contenders
Colliers concludes that while Brexit had made the UK a riskier place to invest, our new weakened state has made us one of the lowest-risk European countries to set up and operate a business.
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