DealMakerz

Complete British News World

Therefore, the British election is important for Swedish companies

Therefore, the British election is important for Swedish companies

Global economy

UK and EU flags. Image: Oliver Mathis

“What happens after the election will be important in many ways for business relationships or companies exposed to the country,” said Carl Bergquist, chief economist at the Stockholm Chamber of Commerce, commenting on this summer's parliamentary elections in Great Britain. .

On the Fourth of July, the British go to the polls. If there is a devolution, it could mean more cooperation with the EU, but also tax increases, says Carl Bergquist.

– Swedish exchange with Great Britain is large and has been for a very long time. It is estimated that there are more than 1,000 Swedish companies in Great Britain and the companies have around 80,000 employees locally, he says in a press release.

Press release: Big exposure for Great Britain: Elections matter for Swedish companies

See also  U-turn in British fiscal policy - tax cuts halted