Brexit fails to dent UK as a top place to do business – Telegraph.co.uk

Britain has maintained its place as one of the top 10 countries in the world for ease of doing business despite worries that political turmoil and the Brexit negotiations could dent the country’s appeal to companies.

The UK is the seventh best place to do business, according to the World Bank’s annual report on competitiveness.

This puts the UK newly ahead of Norway, which has dipped down the rankings this year, but behind the US which climbed up from eighth place to sixth.

The cost of setting up a business in the UK has declined and the World Bank singled out the UK’s decision to publish its entire business registry online, free of charge to users, as an example of forward-thinking, transparent activity.

It is also cheaper and easier to connect to the electricity grid, an important practical step in getting a business up and running.

Brexit fails to dent UK as a top place to do business – Telegraph.co.uk

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