Contingency planning for corporates
25 July 2016
Although it is not yet clear what form the UK’s post-Brexit relationship with the EU might take, many companies with a presence in the UK can start contingency planning now and begin to assess the likely impact of Brexit on different aspects of their business.
Knowing where the issues may lie will give you a head-start on planning as the picture becomes clearer. There is likely to be a higher impact in some areas (for example, imports and exports, EU funding, employment and tax) than in others (such as contracts, insurance, and environment and climate change). In this note, we identify some initial steps companies can take now and outline some of the potential implications, grading their impact from high to low.