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


Alberto Alemanno
Jean Monnet Professor of EU Law and Risk Regulation, HEC Paris

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

Miguel Centeno
Professor of Sociology and International Affairs, Princeton University

Jeremy Eden
Cofounder and Co-CEO, Harvest Earnings

Dean Karlan
Professor of Economics, Yale University

Ellen Shuman
Founder and Managing Partner, Edgehill Endowment Partners


Shameem Black
Assistant Professor of English, Yale University

David Cutler
Otto Eckstein Professor of Applied Economics, Harvard University

Joel Klein
Chief Executive Officer, Amplify

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