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You can find the current article at its original source at https://www.theguardian.com/politics/2016/sep/27/brexit-britain-highly-attractive-to-investors-says-foreign-publisher
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| Brexit Britain 'highly attractive' to investors, says publisher Brexit Britain 'highly attractive' to investors, says publisher | |
| (about 20 hours later) | |
| A post-Brexit Britain could become “highly attractive” to foreign investors put off by conditions inside the European Union, according to the head of Europe’s largest newspaper publisher. | A post-Brexit Britain could become “highly attractive” to foreign investors put off by conditions inside the European Union, according to the head of Europe’s largest newspaper publisher. |
| In an intervention at odds with the portrayal of Brexit by many other members of Europe’s corporate elite, Mathias Döpfner of Germany’s Axel Springer media group said that he was counting on the “pragmatism, on the free market orientation of the British people”. | In an intervention at odds with the portrayal of Brexit by many other members of Europe’s corporate elite, Mathias Döpfner of Germany’s Axel Springer media group said that he was counting on the “pragmatism, on the free market orientation of the British people”. |
| The chief executive of the politically conservative media group, which publishes newspapers including Germany’s largest-selling tabloid, Bild, told the Financial Times: “I very simply think that in the long run continental Europe may suffer more from the Brexit than England itself.” | The chief executive of the politically conservative media group, which publishes newspapers including Germany’s largest-selling tabloid, Bild, told the Financial Times: “I very simply think that in the long run continental Europe may suffer more from the Brexit than England itself.” |
| Döpfner’s comments come as some European leaders continued to be vocal in taking an uncompromising position on Brexit. | Döpfner’s comments come as some European leaders continued to be vocal in taking an uncompromising position on Brexit. |
| The prime ministers of Slovakia and the Czech Republic said on Monday that Britain will be able to keep access to the European Union’s single market only if it continues to allow EU citizens to work in the UK. | The prime ministers of Slovakia and the Czech Republic said on Monday that Britain will be able to keep access to the European Union’s single market only if it continues to allow EU citizens to work in the UK. |
| Speaking after a meeting in Slovak capital Bratislava, Robert Fico and Bohuslav Sobotka said they “can’t imagine” their citizens would not be treated equally. | Speaking after a meeting in Slovak capital Bratislava, Robert Fico and Bohuslav Sobotka said they “can’t imagine” their citizens would not be treated equally. |
| Fico said Slovakia “will fight hard” for the rights of the 70,000 or so of its citizens in Britain. | Fico said Slovakia “will fight hard” for the rights of the 70,000 or so of its citizens in Britain. |
| Döpfner sketched out a positive future for the UK at a time when, he said, the EU was transforming itself into a transfer union with financial resources being channelled from successful economies to struggling ones. | Döpfner sketched out a positive future for the UK at a time when, he said, the EU was transforming itself into a transfer union with financial resources being channelled from successful economies to struggling ones. |
| “That can put a lot of investors off,” he said, adding: “If Britain can create an alternative here, I think that is highly attractive.” | “That can put a lot of investors off,” he said, adding: “If Britain can create an alternative here, I think that is highly attractive.” |
| He went on: “I count on the pragmatism, on the free market orientation of the British people and they will find ways to attract foreign investments and be an important business whereas in continental Europe we have a lot of issues that may be somehow not very encouraging for foreign investments and we should not take this whole Brexit decision as a reason to blame the Brits for [having] voted like that.” | He went on: “I count on the pragmatism, on the free market orientation of the British people and they will find ways to attract foreign investments and be an important business whereas in continental Europe we have a lot of issues that may be somehow not very encouraging for foreign investments and we should not take this whole Brexit decision as a reason to blame the Brits for [having] voted like that.” |
| “We should take it more like a kind of wake-up call for Europe to refresh its political approach.” | “We should take it more like a kind of wake-up call for Europe to refresh its political approach.” |
| In August the publisher cut its 2016 sales guidance as a drop in the British pound caused by the result of the UK’s referendum on EU membership hit advertising revenues from Britain. | In August the publisher cut its 2016 sales guidance as a drop in the British pound caused by the result of the UK’s referendum on EU membership hit advertising revenues from Britain. |
| Meanwhile a report in Britain on Tuesday shows that job vacancies fell last month as the impact of the EU referendum sparked a hiring lull. | Meanwhile a report in Britain on Tuesday shows that job vacancies fell last month as the impact of the EU referendum sparked a hiring lull. |
| Jobs site Adzuna said advertised vacancies were just over 1.1m in August, 31,000 fewer than the previous month. | Jobs site Adzuna said advertised vacancies were just over 1.1m in August, 31,000 fewer than the previous month. |