{"id":105168,"date":"2021-01-23T13:35:43","date_gmt":"2021-01-23T13:35:43","guid":{"rendered":"https:\/\/fin2me.com\/?p=105168"},"modified":"2021-01-23T13:35:43","modified_gmt":"2021-01-23T13:35:43","slug":"brexit-drags-u-k-below-u-s-in-global-business-location-ranking","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/brexit-drags-u-k-below-u-s-in-global-business-location-ranking\/","title":{"rendered":"Brexit Drags U.K. Below U.S. in Global Business Location Ranking"},"content":{"rendered":"

Britain is significantly less attractive as an international business location because of Brexit but remains well positioned compared with other major economies, according to a German study.<\/p>\n

The U.K. slipped behind the U.S. to second place in the latest ranking published by Germany\u2019s Foundation for Family Businesses, though it remains ahead of the rest of its Group of Seven partners. Canada was fourth, followed by Germany in 17th, France in 18th, Japan in 20th and Italy in 21st and final spot.<\/p>\n

\u201cBrexit has been a major liability for the U.K.,\u201d the authors of the study wrote. \u201cFuture British governments have a long road ahead if they wish to regain its economic dynamism, as promised by Brexit advocates.\u201d<\/p>\n

The eighth edition of the ranking, which is prepared by the ZEW research institute and was first published in 2006, assessed the business environment in six categories: taxation; labor costs, productivity and human capital; regulation; financing; infrastructure and institutions and energy.<\/p>\n

Britain suffered the biggest overall decline of all the countries included, with \u201cBrexit-related uncertainties\u201d having the greatest impact in the area of \u201cfinancing\u201d and \u200b\u200b\u201cinfrastructure and institutions.\u201d<\/p>\n

The U.S. tops the list mainly due to \u201coutstanding performance\u201d in regulation, financing and energy, and it also scores well on labor costs, productivity and human capital. A clear weakness is taxation: \u201cWhile Trump\u2019s tax reform was beneficial, the U.S. still trails most countries in this area,\u201d the authors said.<\/p>\n

\u201cOur analysis sheds important light on the extent to which countries will be in a position to ward off the long-term effects of the coronavirus pandemic,\u201d they added.<\/p>\n\n\n<\/colgroup>\n\n\n\n\n\n
More on Brexit:<\/th>\n<\/tr>\n
Brexit Becomes Trucker Nightmare as Red Tape Ties Up Drivers<\/td>\n<\/tr>\n
Johnson Vows to Slash Business Rules, Asking U.K. Bosses to Help<\/td>\n<\/tr>\n
Brexit Is a New World Businesses Still Need to Figure Out<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Britain is significantly less attractive as an international business location because of Brexit but remains well positioned compared with other major economies, according to a […]<\/p>\n","protected":false},"author":3,"featured_media":105167,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nBrexit Drags U.K. Below U.S. in Global Business Location Ranking - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/brexit-drags-u-k-below-u-s-in-global-business-location-ranking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brexit Drags U.K. Below U.S. in Global Business Location Ranking - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Britain is significantly less attractive as an international business location because of Brexit but remains well positioned compared with other major economies, according to a [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/brexit-drags-u-k-below-u-s-in-global-business-location-ranking\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-23T13:35:43+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2021\/01\/cfntalkfoto1200x800120.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/brexit-drags-u-k-below-u-s-in-global-business-location-ranking\/\",\"url\":\"https:\/\/fin2me.com\/business\/brexit-drags-u-k-below-u-s-in-global-business-location-ranking\/\",\"name\":\"Brexit Drags U.K. Below U.S. in Global Business Location Ranking - 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