Santander launch their new Trade Barometer research
We worked with Santander to highlight their new Trade Barometer research which showed that over a third of businesses made no plans except to sharply scale back investment and increase prices.
The research which was released to highlight the anticipated impact of Brexit on the economy. It showed that to mitigate the impact of Brexit on the economy, 46% of businesses were planning to reduce costs and 33% to reduce headcount. Nearly a quarter of businesses (23%) are considering moving some business functions overseas and one in ten (13%) considering relocating their business entirely. A third (33%) of businesses plan to increase prices, rising to 57% for retail and wholesale businesses
We timed the coverage in the week of Brexit with coverage on CNN, LBC and BBC Scotland