Journal of Business and Finance is an open access international journal. Whereas European regions losing the status of ‘much less developed’ are always entitled to receive a form of transitional funding from the EU, Cornwall would not be eligible for this stream of funding in case of Brexit. Therefore, the loss of EU subsidies could also be more prone to produce unfavourable penalties on its financial system if the UK national Government doesn’t put in place any compensatory policy supporting its transition in funding environment. These potential repercussions apply not only to Cornwall but in addition to all economically deprived regions dependent on EU assist, comparable to West Wales and The Valleys, the other UK ‘less developed area’ at the time of the Brexit vote.
The mission of the Division of Enterprise and Finance is to assist a vibrant learning environment by delivering environment friendly and revolutionary service-oriented options. The … Read More