Once Bitten, Twice Shy for U.K. Firms Hit by Brexit Delay

(Bloomberg) --

Once Bitten, Twice Shy for U.K. Firms Hit by Brexit Delay

U.K. companies brought forward orders ahead of the now-postponed Oct. 31 Brexit deadline, giving a boost to manufacturers and spurring demand for imports. However, stockpiling was more limited than in the run-up to the original EU departure date. Firms that wasted money preparing for a no-deal Brexit in March appeared to take a more cautious approach the second time around.

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