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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


Eugene Podkaminer
Senior Vice President of Capital Markets Research, Callan Associates

Rajeev Dubey
President of Human Resources, Mahindra & Mahindra


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

Fernando Y. Roxas
Core Faculty, Asian Institute of Management

Paula Volent
Senior Vice President for Investments, Bowdoin College


Danny Meyer
CEO, Union Square Hospitality Group

Robert Glaser
Founder, Chairman, and CEO, RealNetworks Graduate of Yale University Launched RealAudio, the first internet media player

Professor James Baron
James N. Baron
William S. Beinecke Professor of Management