In the eyes of businesses, the UK has come to resemble an emerging market. Our multinational clients are raising concerns around political volatility, consistent market uncertainty, an unpredictable and fluctuating currency, and supply chain issues – often the top concerns they have when it comes to investing in emerging economies. Regardless of where the current Brexit talks lead, these issues plaguing the UK are likely to remain for years.
Not Enough Companies Are Ready for Brexit, No Matter What Happens Next
The uncertainty is affecting every industry.
January 29, 2019
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Summary.
Regardless of where the current Brexit talks lead, these issues plaguing the UK are likely to remain for years. Multinationals are raising concerns around political volatility, consistent market uncertainty, an unpredictable and fluctuating currency, and supply chain issues – often the top concerns they have when it comes to investing in emerging economies. A process of political absolution is now underway in the UK, and such political volatility naturally leaves a mark on the market, affecting everything from fast-moving consumer goods companies to B2B firms to healthcare, pharma, and the life sciences. Generally speaking, only a small majority of businesses have reacted and mostly too late. As always, businesses want predictability. But more uncertainty is around the corner involving any of the following potentialities: an extension of Article 50, a new referendum, snap elections, and eventual New Trade Deal negotiations during an expected transitional deal.