05-04-2016, 00:55
I am sure a lot of companies are using scare tactics with regards to leaving or stay in but I do believe that there would be a lot of them that would certainly move some of their operations if the UK leaves simply because of the ease of trade with other countries. The company I worked for in Sheffield would never move everything but if we leave the EU they will move their European manufacturing portion out of Sheffield and into France, rather than supplying everything currently from Sheffield. This will save them a fortune in taxes and tariffs as well as making the product still manufactured within the EU which gives some benefits when doing business on the mainland. I don't think these are all idle threats, some companies will move because it will be better for their business to do so.