Reply to post: Re: Wrong way round

Smaller tech firms just aren't ready for a no-deal Brexit, MPs told

W.S.Gosset Bronze badge

Re: Wrong way round

Foreign-denominated costs, once crossed back out to euros/the clients, will simply leave the UK company in the same competitive position as an EU company. No difference.

However:

ANY proportion of £-denominated cost, in the event of a £-fall, will improve a company's competitiveness. Either by increasing its profits or by reducing its prices (or allowing it to, if euro/$/other-denominated revenue; see above).

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