Fixed Sidebar (true/false)

Internal - PostNavi (show/hide)

LISTED: The European businesses breaking down the EU’s door to continue trade with Britain

Here are the top four which will be battling to maintain
a free trade deal with the UK as much of their
business depends on British customers.
All of them are from two of the EU’s largest
economies, Germany and France , whose leaders have
been fairly frosty towards the UK since it voted to
leave the bloc last June.
However, politics and business do not always agree,
with many EU countries not wishing to have tariffs
placed upon them thanks to EU bosses intent on
punishing the UK - and inadvertently European
businesses.
EU citizens will have
MORE rights than
Britons in UK under
law plan
Theresa May 'ready
to give European
Union better Brexit
deal’
RELATED ARTICLES
TOTAL SA
French company Total oil and gas is the third largest
European company by revenue and is extremely keen
to keep its free trade deal with the UK.
Most well-known for its petrol stations, Total has an
overall revenue of £172,662million and is only
preceded by Royal Dutch Shell and BP in both the UK
and Europe.
Total, also known as Elf in Britain, has serious
investment in the UK as it was the first major oil and
gas firm to acquire exploration rights for shale gas in
Britain in January 2014.
The company bought a 40 per cent interest in two
shale gas areas in Gainsborough for just over £43m
and will not want to lose that innovative investment.
Brexit: EU summit in pictures
Fri, September 29, 2017
The European Union will be looking beyond the
impending breakup with Britain at how to build a
common future during their two-day summit
meeting
PLAY
German Chancellor Angela Merkel gestures prior to
the 'Tour de table' of the Tallinn Digital Summit
during a European Union summit in Tallinn, Estonia
[AFP/Getty Images]
AFP/GETTY IMAGES 1 of 28
VOLKSWAGEN
German automobile company Volkswagen is Europe’s
fourth largest company and the biggest car company
across the continent by far.
VW relies on Britain, where it is the third largest
automobile company after British cars Ford and
Vauxhall.
In 2016 a total of 129,044 Volkswagen cars were
registered in the UK, meaning it nabbed 7.87 per cent
of the market.
The VW Golf is also the third most popular car this
year after a Ford Fiesta and a Ford Focus.
E.ON
Another Germany company, E.ON, formerly Powergen,
will be keen to keep hold of its British business - worth
£9.22bn in revenue.
E.ON is Europe’s largest electric utility company and
the world’s largest investor-owned power and gas
company.
With 39 power stations, including coal, gas, oil and
wind, across the UK, the company has made massive
investments in the UK energy industry which it will not
want to lose because of pesky EU bosses.
Utility company E.On has made major investments in
Britain
ALLIANZ
French commercial insurance company Allianz is well
established in the UK, employing more than 4,600
people in 26 offices.
Despite doom-mongering Remainers predicting a
financial crash after last June’s EU Referendum,
Allianz Group increased its operating profit from £36m
to £96m.
The company is the 12th largest in the whole of
Europe and with an overall revue of £100,137, its UK
arm contributes a major boost to the company - and
France’s economy.

0 Response to "LISTED: The European businesses breaking down the EU’s door to continue trade with Britain"

Post a Comment