The UK Chooses Brexit: Considerations for Companies

After months of fierce debate and a policymaking hiatus, the United Kingdom (UK) electorate has voted in favour of leaving the European Union (EU). While the broad direction is set, companies will still face considerable uncertainty until the UK’s exit strategy is defined and trade negotiations (including the trans-border movement of people) with the EU and other countries are completed. Drawing on perspectives from various operating companies, the focus turns to three interrelated challenges that should be uppermost in the minds of company leaders: the economic and political risk environment, corporate strategy imperatives, and workforce implications.