U.S. advertisers are promising more money in the UK despite concerns about Brexit

More than half of US big business companies operating in the UK want to raise money in the next few years despite concerns about the lack of international trade relations and Britain leaves the EU.

A survey of 68 major American companies that employ more than 275,000 people in the UK found confidence to be “very high” in the country as a business destination. About one-third of the population will be heavily dependent, while about 60% are said to have increased spending in the UK.

The study, conducted by US / UK business organizations British-American Business and consultancy Bain, looked at businesses ranging from groups such as financial services to the development of technology, media and communications. Respondents included companies such as insurance group Marsh McLennan and the American Express payment company.

“The combination of strong and multilingual talent, business support centers, and time zones and regions continues to make the UK the starting point for our operations outside the US,” said Anna Marrs, Group President at American Express.

Dan Glaser, president & president of Marsh McLennan was the same. “The UK is a rich and powerful economy with a proven track record and education,” he said. “The world’s top artists want to work and live in Britain.”

But the survey also found that there were concerns about the relationship between Brexit and the US between US businesses with major operations in the UK.

The main concerns of Brexit were the threat of political instability as well as other issues such as power crisis and access to talent from the EU. Barriers to control, loss of power for other EU operations and compensation were reported.

About 17% of US companies surveyed said they had transferred jobs to the EU.

The U.S. companies that responded to the survey, which are set to be the backbone of the US economy in the UK, have warned that Brexit concerns could undermine their future prospects.

About 40% of companies said the priorities needed to improve political and economic ties with the EU so that the UK could continue to be a major source of revenue for the US.

“The UK is well on its way to continuing to attract companies from the US and around the world,” said Duncan Edwards, chief executive of BritainAmerican Business.

“But these positive attitudes have been enhanced by the US trade agreement, good political and trade relations with the EU, and family-friendly business laws.”

Another key issue for U.S. companies was Washington and London finalizing negotiations on trade agreements, according to the study. Liz Truss, the world trade secretary, is heading to the US this week to meet with officials, according to people familiar with the matter.

Other recommendations to the UK government include a clear explanation of its industrial processes and the maintenance of corporate taxes in favor of business.

Jonathan Frick, a colleague at Bain in London, said US women have been working since the UK left the EU. “In particular, financial services companies believe that the City will remain a business hub with a diverse group of talents,” he said.