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


Professor K. Sudhir
K. Sudhir
James L. Frank ’32 Professor of Private Enterprise and Management, Professor of Marketing & Director of the China India Insights Program

Professor Gary Gorton
Gary B. Gorton
Frederick Frank Class of 1954 Professor of Management & Professor of Finance

Philip Gorski
Professor of Sociology, Yale University

Tyler Cowen
Professor of Economics, George Mason University

Allison Silvers
Chief Operating Officer, Freelancers Health Service Corporation

Mark Leuchtenberger

Shawn Heath
Vice President and Chief Sustainability Officer, Duke Energy

Jonathan Carson
CEO, BiddingForGood

Fernando Y. Roxas
Core Faculty, Asian Institute of Management

David Belmont
Chief Risk Officer, Commonfund; Lecturer in the Practice of Finance

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