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McDonalds and KFC are concerned over Brexit

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Fast food giants McDonalds and KFC are among the companies that are concerned about Brexit.

The two companies have submitted a letter to UK lawmakers on Monday, stating that a no-deal Brexit would cause companies to lower their standards.

The biggest supermarkets in the UK and British Retail Consortium also signed the letter.

Food suppliers stated that the new tariffs would have devastating effects on the farmers.

World-famous companies from various sectors have been stating their concerns about Brexit.

Automotive giant Ford have recently stated that Brexit would cost $800 million for the company in 2019.

Tech company Sony is planning on moving its legal base in Europe from London to Amsterdam because of Brexit uncertainty.

Financial services companies are moving $1 trillion worth assets outside the country.

 

 

 

 


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