low Unemployment is due to Brexit


#1

Britain’s decision to leave the European Union has sparked a dramatic fall in the number of French, Dutch and Belgian businesses registering in the UK, in a further illustration of Brexit’s impact on the UK economy.

UK business investment has been low for a protracted period - indeed one of the reasons for high employment and low productivity is likely to be an underinvestment in new equipment and IT by firms. The current uncertainty surrounding Brexit may well be holding back much needed investment.

Both of these articles are not mine. Is it true? That is the real reason why unemployment is low is because businesses are not investing and still of investing in new technology they would rather hire or retain staff until brexit is clearer.

Also U.K. is a less attractive place to invest and since brexit less new foreign companies are investing in the U.K.