Investors Keeping An “Open Mind” About Brexit
UK investors are keeping an open mind about the impact of Brexit, with a significant number seeing life outside the EU as an opportunity for investment– according to a report by Market Financial Solutions. Their survey of 1,000 UK investors revealed that just 9% believe the triggering of Article 50 has derailed their plans for the next two years, with 39% viewing the next 24 months as good time for short-term investment. With business rates set to increase by as much as 18% over the next five years, 37% of respondents currently view buy-to-let as an attractive investment, while 45% are now more open to other investment classes because of low interest rates. Despite the relative optimism among those surveyed, 33% are only taking a short-term approach to investments – a signal of how politic... »