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UK firms absorb Brexit shock, get on with business for 2017

Many execs are trying to push their worries to one side and investing in expansion projects

Published Sun, Dec 18, 2016 · 09:50 PM

London

RICHARD Bunce says he felt sick when voters decided to take Britain out of the European Union (EU) in June, forcing him into a emergency review of his firm's expansion plans.

But six months on, orders are strong and a new growth plan is in place, according to Mr Bunce, managing director of Mec Com Ltd which sells devices to protect against power surges to clients such as Siemens and Alstom.

Far from the "profound and immediate economic shock" predicted by Britain's finance ministry in the event of a vote for "Brexit", the economy has, so far, barely slowed.

Mr Bunce expects tougher times. But like many other executives trying…

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