US companies reviewing $600bn UK investment on Brexit fears

The FT reports that in a document to be presented to the UK's Cabinet Office this week, the US Chamber of Commerce warns a post-Brexit UK would need "unfettered access" to the European goods and services market for American companies to continue expansion plans. The Chamber added that another priority for US businesses was the retention of passporting rights for UK-based financial services firms, which allow products to be sold into the EU. It said losing this right will force American companies based in the UK to shoulder the burden of significant additional cost. Marjorie Chorlins, ...