Top of Mind

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


Ned Welch
Senior Practice Expert, McKinsey & Company

Kathleen D. Vohs
Associate Professor of Marketing, McKnight Land-Grant Professor, and McKnight Presidential Fellow, Carlson School of Management at the University of Minnesota

Danny Meyer
CEO, Union Square Hospitality Group

Sherri Goodman
Senior Vice President, General Counsel, and Corporate Secretary, CNA

James A. Phills
Professor of Organizational Behavior and Director of the Executive Program for Philanthropy Leaders and the Center for Social Innovation, Stanford Graduate School of Business

Tom Enders
Managing Director, Global Health Solutions, CSC

John Shrewsberry
President, Wells Fargo Securities

Professor Olav Sorenson
Olav Sorenson
Frederick Frank '54 and Mary C. Tanner Professor of Management

Chuck Slaughter
Founder & CEO, Living Goods

John Lichtenstein
Managing Director, Global Metals, Accenture

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