Re: Some interesting potential travel consequences of a no deal Brexit.
The EU can charge £1m a day visa’s if they wish ... it’s their choice at the end of the day and people will decide if europistan is worth a visit ...
However meanwhile in the real world away from project fear
ALEX BRUMMER: Europe's firms have DOUBLED stake in Brexit Britain
https://mol.im/a/6771541
One doesn’t have to be a swivel-eyed Brexiteer to recognise that if one looks over the horizon, beyond Brexit, there is much about Britain to inspire confidence in the future. Not least the fact that it is still the most favoured nation among the 28 states of the European Union for direct investment from overseas.
What makes this even more remarkable is that many of those keeping faith in Britain are state-directed sovereign wealth funds, run, owned and managed by foreign countries.
The world’s largest sovereign wealth fund, Norway — worth around £740bn as a result of the country’s oil and gas revenues — recently announced it would continue to invest, and even increase investment, in Britain over the next three decades. If ever there was a morale boost in these uncertain times, this is it.
In addition, even as Brussels negotiators are playing hardball with the May government and warning of the calamity of no deal, it’s clear that European investors do not believe Brexit will have a wholly negative impact on Britain. New data this week shows that in the past 12 months, EU businesses ploughed a staggering £23.9bn into the UK in the shape of property deals, corporate acquisitions and buying stakes in UK firms.
The data, collected by an offshoot of the credit rating agency Standard & Poor’s, shows there were 553 separate purchases of assets and that investment was up from £16.3bn on the previous 12 months and £10.5bn in the same period of 2016-17. Overall, European businesses have more than doubled the sums they have invested in Britain in the last three years — which is hardly a vote of no confidence.