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UK companies hurt by Brexit uncertainty as pound falls back from $1.30 – business live

  • 📰 The Guardian
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UK companies hurt by Brexit uncertainty as pound hovers below $1.30 – business live

Anxiety over Brexit has forced Travis Perkins, the UK builders’ merchants, to halt the sale of its plumbing and heating business. Travis Perkins is blaming “the current unprecedented level of uncertainty”, which has forced it to pause the sale process of the P&H business “for the time being”. City firm Liberum thought the sale could raise £400m-£500m.

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Unprofessional and pushing to the edge of the cliff. Please ask for the financials and ensure our survival.

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Pound dips but UK stocks rise amid Brexit delay jitters – business liveRolling coverage of the latest economic and financial news, as sterling falls back from its highest level in five months Git er done! If Johnson deal passes, can’t all companies just headquarter in Belfast, akin to being a Delaware Corporation or Cayman Islands corporation? Win win for lawyers and accountants. No? But the Guardian says the pound has RISEN ?
Source: The Guardian - 🏆 84. / 53 Read more »