Survey provides business opinion

26 April, 2017
by: Cripps

Our recent survey of over 150 senior decision makers has given insight into how Brexit is impacting South East businesses and to what extent they think they will be better or worse off once the UK has left the EU.

54% of respondents believe they will be worse off in the two years following the UK’s departure from the EU but on the positive side, nearly 40% are optimistic that ten years post- Brexit, their business will be in a better position than it is now.

It is clear that most organisations are taking a “wait and see” approach to business strategy and investment decisions. Whilst on one hand it is encouraging that businesses are not making major changes until there is further clarity, what is worrying is their apparent lack of scenario planning in order to future proof their business. This is reflected in the survey findings with over 60% of respondents saying that the decision to leave the EU has not impacted their business strategy.

Other findings reveal how Brexit has impacted their revenue and a range of opinions on what they see as the greatest opportunity for their business in leaving the EU.

For the full survey findings, please click here.