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



Sass Darwish
Managing Partner, DS Advisory Group

Christopher Cabot
President, Value Retail China

Ned Welch
Senior Practice Expert, McKinsey & Company

Clive Meanwell
CEO, The Medicines Company

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

Richard H. Thaler
Ralph and Dorothy Keller Distinguished Service Professor of Behavioral Science and Economics, University of Chicago Booth School of Business

Roberta Romano
Roberta Romano
Sterling Professor of Law and Director, Yale Law School Center for the Study of Corporate Law

Jeffrey A. Sonnenfeld
Senior Associate Dean for Leadership Programs & Lester Crown Professor in the Practice of Management

Frances G. Beinecke
Former President, National Resources Defense Council

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