Backing Brexit Britain: The businesses ploughing ahead with expansion plans despite doom-laden forecasts

Brexit raised fears that business spending – particularly from firms headquartered in other EU nations – would slow to a trickle as companies turned off the taps and hunkered down for a recession.

A new investment means 25,000 brioches pour off this new machine every hour CREDIT: BRIOCHE PASQUIER

• 
   Tim Wallace 

30 SEPTEMBER 2017 • 5:29PM

The scent of freshly baked brioche fills the air. French accents chatter to and fro across the room. But this is not a pretty little Gallic boulangerie. This is an industrial estate in Milton Keynes where a French bakery has just opened a new production line.

Every hour 25,000 brioches pour off the shining new machine, the second installed in this immaculate, gleaming facility.

Brioche Pasquier, still run by the Pasquier family that once ran a typical local bakery, has spent £40m on the site since buying the land in 2014. And in post-Brexit Britain, it has plans to spend more.

This bucks expectations in terms of UK investment.

Immediately after the referendum the average economist thought fixed...

To continue reading this article:
http://www.telegraph.co.uk/business/2017/09/30/backing-brexit-britain-businesses-ploughing-ahead-expansion/