Ibex exposure Brexit

Spain confronts Brexit: The moment of truth for Spanish companies in the UK

Spain Confronts Brexit: The Moment Of Truth For Spanish Companies In The UK

Today the proposal of the British government will be known, although we do not know it will be a text agreed with the opposition , which insists it will not negotiate unless Theresa May renounces a no-deal Brexit. The UK is the fourth largest destination for Spanish exports. And the main foreign recipient of investment, so a hard Brexit would do significant damage to the country. All Spanish companies with presence in the UK have been discounting complicated scenarios since 2016.