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ARTICLE · 29 DECEMBER 2016

Beyond Brexit

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Although some organisations believe there will be little or no change, a significant number anticipate an exodus of talent and other unforeseen consequences.

European UnionGovernment, Public Sector
ICSA
ICSA

By Nada Kakabadse

A view of the UK's decision to leave the EU from within organsations

The High Court's decision that the Government cannot trigger Article 50 without parliamentary approval and a vote by MPs could help some UK business leaders sleep easily, according to Henley Business School's latest research.

An analysis of 450 senior managers and directors' views on Brexit reveals that there is significant apprehension over the potential damage caused by the vote to leave, in particular for the retail sector. Although some organisations believe there will be little or no change, a significant number anticipate an exodus of talent and other unforeseen consequences.

The study finds that UK retailers are 75% more concerned than the manufacturing and engineering sectors that Brexit will damage their business; and 30% more concerned than the banking and financial sectors.

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