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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


John Lichtenstein
Managing Director, Global Metals, Accenture

José Luis Rodríguez Zapatero
Former Prime Minister, Spain

Rachel Ziemba
Analyst, RGE Monitor

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

Paul Oyer
Fred H. Merrell Professor of Economics, Stanford Graduate School of Business

Álvaro Uribe
Former President of Colombia

Zeev Neuwirth
Vice President of Clinical Effectiveness and Physician Affairs, Harvard Vanguard Medical Associates/Atrius Health

Daniel Gross
Managing Director, Oaktree Capital Management

Kyriacos Sabatakakis
Managing Director, South Eastern Europe, Accenture

Timothy Smith
Director of Socially Responsive Investment, Walden Asset Management; Former Executive Director, Interfaith Center on Corporate Responsibility