Sunday, April 30, 2017

Brexit - how are businesses handling the changes in the market

How are businesses reacting to the Brexit in the midst of uncertainty? It seems to be making an impact on the type of industry more that the individual businesses. Although we have seen the pound plummet to as low as 31% below the dollar it is currently sitting at 15%  and slowly improving, Stocks have done better than the pound.  Corporations such as Softbank( Japanese), Chinese-owned AMC Entertainment, and Qatar Airways have all responded favorably.  Unilever had price disputes from the increased costs of imports they temporally pulled some products out of the market. This effected some grocery staples in the UK market. -Sacha B.

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