A look at companies moving UK business in the age of Brexit
Frank Augstein
Honda cars leave the Honda plant in Swindon, England, Tuesday, Feb. 19, 2019. The Japanese carmaker Honda announced Tuesday that its Swindon car plant in western England, will close with the potential loss of some 3,500 jobs. (AP Photo/Frank Augstein)
LONDON (AP) — Honda’s decision to close a plant in Britain comes at a time when businesses are worrying about the potential impact of the country’s looming departure from the European Union.
Here’s a look at companies and organizations that have announced in recent months they would shift operations out of Britain or cut jobs or business in the country.
Nissan – carmaker scrapped plan to make new SUV at plant in Sunderland, England
Panasonic – electronics maker moved European offices to Amsterdam
Dyson – home appliances maker to move headquarters to Singapore
P&O – ferry operator to register fleet under flag of Cyprus, an EU member
Sony – electronics maker to move European base to Amsterdam
Unilever – consumer goods giant wanted to leave UK headquarters but move was stopped by shareholders
Flybmi – airline goes into bankruptcy citing Brexit jitters as one reason
Jaguar Land Rover – most of 4,500 global jobs cut to be made in Britain
Multiple banks – HSBC, Barclays, JP Morgan, Bank of America, Goldman Sachs among those that will move hundreds of jobs to Frankfurt, Dublin or Paris
European Banking Authority – EU agency moving operations to Paris
European Medicines Agency – EU agency moving operations to Amsterdam