EU referendum: International businesses say Brexit would be bad for them and lead to a cut in investment
Most international businesses think the UK voting to leave the EU would be bad for them, while also leading them to cut investment in the UK, according to new data.
A poll from Ipsos Mori showed that 78 per cent of the 667 companies surveyed said a Brexit vote would be negative, while just five per cent said it would be positive for their business.
Companies from seven different countries, including Germany and China, were questioned.
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Some 61 per cent of the companies, when asked about their future UK investment, said that Brexit would likely have a negative impact.
The impact, one in three companies said, would be very negative, sparking a fall in investment of more than 10 per cent.
Just five per cent said that Brexit would lead to more investment, while seven per cent were unsure.
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The poll comes on the same day the IMF said that the UK leaving the EU could trigger a recession, and a day after Bank of England governor Mark Carney made remarks along the same lines.
Companies in the UK also mostly support Remain, according to a poll released earlier this week by the British Chambers of Commerce.