,

Dublin/ Paris/ Frankfurt Benefit from Brexit. Business (4 All Users)

Beginners:

  • attract – przyciągać

In the past London attracted many investors – W przeszłości Londyn przyciągał wielu inwestorów.

Intermediate:

  • benefit from . ..- skorzystać na …

4 European cities will benefit equally from Brexit – 4 europejskie miasta skorzystają po równo na Brexicie.

Advanced:

  • deter from … – odstraszyć od …/ zniechęcić do …

There are many factors which may deter the investors from moving their businesses to a particular location – Jest wiele czynników, które mogą zniechęcić inwestorów do przeniesienia firm w konkretne miejsce.

Full text:

  • compete to attract – konkurować aby przyciągnąć
  • consider where to move jobs – rozważać dokąd przenieść miejsca pracy
  • take numerous factors into consideration – brać pod uwagę liczne czynniki
  • to be in progress – w trakcie realizacji

London’s rival European business centers  are competing to attract as much business as possible after Brexit. The boards of the companies located in Britain are considering where to move thousands of jobs  and take numerous factors into consideration. So far, Dublin, Frankfurt, Luxembourg and Paris are the top picks selected by the ones who have already moved or are in progress of doing so.

  • within a couple of weeks – w ciągu …  /w trakcie … / w okresie kilku tygodni
  • entrepreneurship spirit – duch przedsiębiorczości
  • for 4 consecutive years – przez 4 kolejne lata

And there are thousands small companies, especially the technological ones, for which relocation is not a big problem, they do it within a couple of weeks. Dublin is chosen by many due to the flourishing software production market, openness to business, entrepreneurship spirit  and… yes… English language. Irish economy is also the fastest growing economy in the eurozone for 4 consecutive years.

  • transparent tax system – przejrzysty / czytelny system podatkowy
  • fixed corporate rate – stała / niezmienna stawka dla firm
  • deter from … – odstraszyć od … / zniechęcić do …
  • profit from – zarobić na … / czerpać zyski z …

Ireland has very transparent tax system  with the fixed  corporate rate at 12.5%.

Paris, on the other hand,  is benefitting from the significant tax cuts addressed to the British companies which will decide to settle down in the capital of France and a large number of well-educated young specialists (graduates of Paris academies) from all around the world who are always attracted by the city. And … Frenchmen are the biggest business minority in London’s business City. HSBC, the biggest European bank. has already announced its decision to move over 1200 job places to Paris.

Frankfurt and Luxembourg are on the table as well for the big companies but very strict labour laws and complicated taxation systems may deter the investors from coming to the location which some time ago everyone thought would profit most from Brexit.

  • proved to be resistant to crisis – udowodniły, że są odporne na kryzys
  • aforementioned – wyżej wymienione
  • … will ultimately benefit equally – ostatecznie skorzystają po równo

But they have other advantages: excellent communication and transportation infrastructure, stable economies which proved to be resistant to crisis .  The experts predict that business decentralization will be the consequence of Brexit: none of the aforementioned four cities will finally become the leader but all four will ultimately benefit equally.

  • 2:02′ concerns – tutaj: troski
  • 2:15′ reliance on … – zależność od …
  • 2:30′ domestic – domowy / wewnętrzny

Watch HERE the short presentation of Brexit consequence from British perspective