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ARTICLE · 17 NOVEMBER 2017

Ready For Anything?

Deloitte
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How prepared are businesses for Brexit? What are their priorities in the negotiations? Those were some of the questions that we posed to our audience during a Brexit webcast we hosted last week.

United KingdomGovernment, Public Sector
David Noon
David Noon
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How prepared are businesses for Brexit? What are their priorities in the negotiations? Those were some of the questions that we posed to our audience during a Brexit webcast we hosted last week.

Interestingly, we found that 25% of organisations said they had not yet taken any action with regards to planning for the potential effects of Brexit. The CBI also asked the same question in their recent survey and found that 11% are yet to take action. Given that both the UK and EU have acknowledged that progress to date has been slow and certainty on any aspect of the final deal as yet remains elusive, it is perhaps unsurprising that in some cases, businesses are still waiting for greater clarity before taking steps to mitigate risks or realise Brexit related opportunities. This reflects what some businesses are telling us - the view that current levels of uncertainty are too high to take meaningful strides or to begin to prepare. It does seem that there a desire from both

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