Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

UBS survey: Brexit and Trump bigger risks for European companies than elections

According to a survey conducted by the Swiss investment bank UBS, the upcoming elections in the European region are not the biggest of risks for the companies operating in the region. UBS surveyed 600 companies and 28 percent of them cited Brexit as the biggest risk and they feel that the event would have negative impacts on their businesses. 75 percent of the respondents said that they have business investments in the United Kingdom and more than half of them said that they would respond quickly to the changes in business investment due to Brexit negotiations. However, 54 percent of the firms have said that they do not plan to make any changes in their investments after Brexit and only 32 percent of them said that might reduce their investments. Theresa May’s government have said that they are prepared to accept a no deal if the conditions set out by their European partners are not acceptable.

27 percent of the companies cited the uncertainties with regard to policies of the Trump administration as the biggest risk. 18 percent of the survey respondents cited the minority government in Spain as the biggest risk and 17 percent cited political climate.

While investors are deeply concerned with the upcoming French election, where Front National leader Marine Le Pen has vowed an exit from the European Union, only 14 percent of the 600 companies considered it as the biggest risk to their operations. German election uncertainty was cited by 14 percent. Dutch election was a concern for 6 percent of respondents.

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

2017-04-28 03:30:03
0m
Fintech Week Chicago

April 27 23:50 UTC Released

JPIP Forecast 2 Mth Ahead*

Actual

-3.7 %

Forecast

Previous

8.3 %

April 27 23:50 UTC Released

JPIP Forecast 1 Mth Ahead*

Actual

8.9 %

Forecast

Previous

-2 %

April 28 05:00 UTC 3737m

FRConstruction Orders YY*

Actual

Forecast

Previous

5.7 %

April 28 05:00 UTC 3737m

JPConstruction Orders YY*

Actual

Forecast

Previous

5.7 %

April 28 05:00 UTC 3737m

JPHousing Starts YY*

Actual

Forecast

-2.4 %

Previous

-2.6 %

April 28 05:30 UTC 6767m

FRConstruction Orders YY*

Actual

Forecast

0.4 %

Previous

0.40 %

April 28 05:30 UTC 6767m

DEGDP Preliminary QQ

Actual

Forecast

0.4 %

Previous

0.40 %

April 28 06:00 UTC 9797m

GBRetail Sales YY Real

Actual

Forecast

3.3 %

Previous

3.5 %

April 28 06:00 UTC 9797m

GBRetail Sales MM Real

Actual

Forecast

0.1 %

Previous

-0.3 %

April 28 06:00 UTC 9797m

DEGDP Preliminary QQ

Actual

Forecast

6.5 %

Previous

7.4 %

Fintech Week Chicago
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.