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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


Linus Dahlander
Associate Professor of Strategy and KPMG Chair in Innovation, ESMT European School of Management and Technology

Richard Brooks
Professor of Law, Yale Law School

Philip Davis
Head of Visa Client Consulting, Visa Inc.

Tyler Cowen
Professor of Economics, George Mason University

José Manuel Barroso
José Manuel Durão Barroso
President of the European Commission

Tom Zacharias
Chief Operating Officer, W.P. Carey Inc.

Gretchen Daily
Professor, Department of Biological Sciences, Stanford University; Chair, The Natural Capital Project


Vivek Lall
Vivek Lall
Head of Global Strategy, General Atomics

Dacia Toll
Co-CEO and President, Achievement First