You are here

High business costs, inefficient schemes hamper key UK sectors

Retail, casual dining and automotive industries face particularly tough times amid Brexit challenge

rk_Mothercare2_270120.jpg
"Retail is a difficult environment to invest in because it is going through so much transformation," said Elaine Nolan, a restructuring partner in the London office of Kirkland & Ellis International. She added that business rates in the UK are also higher than in many other European countries.

London

THE UK business environment has been particularly tough in sectors such as retail, casual dining and automotive.

"Retail is a difficult environment to invest in because it is going through so much transformation," said Elaine Nolan, a restructuring partner in the London...