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After the Vote

When will Brexit actually start? No one quite knows. The new government under Prime Minister Theresa May insists that Brexit will proceed, but seems in no hurry to invoke the EU’s Article 50 and begin the process of negotiating the U.K.’s exit.

“Businesses could be forgiven for being fearful of protracted Article 50 negotiations, but the reality is, a longer wait to get things right will be very much in their best interests,” London lawyer Ros Kellaway told Bloomberg.

The FT talked with some small businesses about how they deal with the uncertainty. A toy company is thinking of moving part of its operation to Poland to be sure of access to EU markets, and a language school is seeing cancellations from Japanese students who don’t think they will be welcome in Britain. "The biggest problem is the image that this is giving of Britain abroad,” said Val Hennessy of International House Bristol.

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Contributors


John Crowley
Senior Lecturer in English, Creative Writing, Yale University; Author of nine novels

Deborah S. Davis
Professor of Sociology, Yale University

Mark Leuchtenberger


Rachel Ziemba
Analyst, RGE Monitor

Moises Naim
Editor, Foreign Policy


Anne Simpson
Executive Director, International Corporate Governance Network; Faculty Fellow and Lecturer, Millstein Center for Corporate Governance and Performance, Yale School of Management

Yvon Chouinard
Founder, Patagonia