Daniel Domberger, a Partner at Livingstone which is an international Mergers & Acquisitions firm, argued that the statistics show a tremendous quarter on quarter investment growth despite Remainer claims Brexit will hinder harm UK business.
He said: “The US remains the single largest source of foreign buyers into the UK accounting for about 46 percent of them.
“The next largest is European buyers at about 43 percent.
“Interestingly US interest in the UK has been relatively flat but European buyers acquiring UK businesses increased about 16 percent quarter on quarter in contrast to Germany for example.”
The expert was told that the statistics surely mean the Brexit scaremongering and all those trying to “shove the UK” is incorrect and that the UK is still an attractive proposition for investors.
Mr Domberger said: “It certainly does and certainly quarter on quarter that increased and that increased in foreign acquisitions.
“Having said which domestic acquisitions, so British companies and investors buying other British businesses, grew twice as quickly so that grew about 15 percent quarter on quarter.”
The comments follow a new study which shows half of business leaders will be put off employing workers from the European Union as a result of Brexit.
Two out of five admit they have limited or no understanding of how the Brexit process will affect their business or workers’ rights.
A survey of 400 businesses by Blacks Solicitors found that most were worried about leaving the EU and one in four said they were underprepared.
Louis MacWilliam of Blacks Solicitors said: “With less than seven months to go until Britain leaves the EU, it is worrying that such large numbers of employers still feel in the dark about their ability to retain and recruit EU nationals.
“This is in spite of the Home Office publishing concrete details about the new mandatory registration scheme for EU nationals, due to open later this year.
“Businesses rely heavily on EU labour and employers can play an important role in securing the rights of their EU employees.”
In addition, Japanese banking giant Nomura has started contacting clients to transfer business from London to Germany as it ramps up preparation for a hard Brexit.
EU clients of its trading unit are being asked to put together paperwork that will enable them to do business with Nomura’s new Frankfurt entity, which was granted a securities trading licence by the German regulator in June.
Its new entity – which will operate as Nomura Financial Products Europe or NFPE – will have its headquarters in the German financial hub, with branches in Finland, France, Italy, the Netherlands, Spain and Sweden.
A copy of the letter sent to clients, seen by the Press Association, said: “We are ready to begin onboarding clients to this entity so that we are fully prepared in the event of a ‘Hard Brexit’ – i.e. that the UK leaves the EU on the 29 March 2019 and UK financial services organisations lose their passporting rights at that time.
“We recognise that transitional arrangements may extend this deadline but since it is not yet known how comprehensive those arrangements may be, or what services they will cover, we are making plans to ensure that our service to you can continue without disruption in any eventuality.”