In respect of our foreign investors, for all their socially responsible outpourings, the main driver of large corporates is and will always be money, they aren’t charities. We musn’t forget that they are ‘It’s’, entities that exist in their own right with dispensable human resources and driven by self-interest. If evidence was needed we must look back to when Kraft took over Cadbury’s. A promise of no UK job losses was soon broken when production was moved to Poland at the cost of 4,000 UK jobs. In the words of Reggie Perrins boss ‘I didn’t get where I am today by having a social conscience’,
Loss of access to the single market and restrictions on trade, in whatever form, could make Foreign Investors think twice. An increase in Corporation tax, or any other tax that affects their profitability could lead them to believe that there are too few advantages to being on British soil and whisk away employment and GDP contribution to foreign parts. It’s unlikely that we would ever see a mass exodus, but a disadvantageous Brexit outcome or change in government policy could see a slow trickle of relocations. Natural wastage is often the preferred method of effecting change as it’s justifiable, doesn’t smack of Fascism and has an undeniable aura of inevitability about it.