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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


Professor Nicholas C. Barberis
Nicholas C. Barberis
Stephen and Camille Schramm Professor of Finance

Beth Comstock
Senior Vice President and Chief Marketing Officer, GE


Nasser Saidi
Chief Economist, Dubai International Financial Centre; Executive Director, Hawkamah, the Institute for Corporate Governance

Teresa Barger

Audrey Davenport


Seth Goldman
Executive Chairman, Beyond Meat; Co-founder and TeaEO Emeritus, Honest Tea

Zack Cooper
Assistant Professor of Health Policy, Yale School of Public Health

Paul Tucker
Former Deputy Governor for Financial Stability, Bank of England; Senior Fellow, Harvard Business School