After Brexit-settling election, firms see business bounce

At Bruderer UK, a small firm selling metal-stamping machines from an industrial ...

LUTON, England - At Bruderer UK, a small firm selling metal-stamping machines from an industrial estate just north of London, business kicked into high gear right after Prime Minister Boris Johnson’s big election win last month.

“For three years we were stuck in a rut of indecisiveness,” Bruderer UK managing director Adrian Haller said. “Once the election happened, there was a massive sigh of relief.” Bruderer has just sold two new machines - used to make car parts, fountain pen nibs, scalpels, drink tins and other products - for a total of 1.5 million pounds .

However, many firms remain worried about leaving a bloc that accounts for nearly half of Britain’s exports. Johnson’s victory has ended prospects of further Brexit delays, but London and Brussels have yet to start talks on a new trade deal for 2021 and beyond, after an 11-month, no-change transition period.Johnson’s win also meant no shift to the left under the opposition Labour Party.

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