Survey finds surge of smaller companies activating plans to move operations abroad
Nearly one in three British businesses are planning to relocate some of their operations abroad or have already shifted them to cope with a hard Brexit, according to a leading lobby group.
The Institute of Directors (IoD) warned that 29% of firms in a survey of 1,200 members believed Brexit posed a significant risk to their operations in the UK and had either moved part of their businesses abroad already or were planning to do so.
Related: So just when, exactly, will the City press the no-deal panic button? | Nils Pratley
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