British PM: Brexit Won’t Affect Business

    Leaders in the U.K. are attempting to assure world leaders that their country is open for business and is encouraging more business investment.

    FOX’s Kitty Logan has the story:

    Speaking at the U.N. General Assembly, Theresa May said Britain would not turn away from global partners following the Brexit vote.

    She also met with U.S. firms to try to reassure them about the implications of Britain exiting the E.U. There are concerns businesses could now shift headquarters from Britain to other European countries.

    Meanwhile the Organization for Economic Co-operation and Development, the OECD, released a mixed report for Britain’s economy. It’s now predicting growth of 1.8 percent this year, but slashed growth by one percent for next year.

    Earlier in the year the OECD had said the U.K. would suffer economically from a Brexit vote.

    The process of Britain exiting the European Union is yet to begin and the terms of any new trade deals are still unclear.

    In London, Kitty Logan, FOX News.