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ARTICLE · 30 MARCH 2017

Let The Talks Begin: What Triggering Article 50 Means For Business

The government's announcement today that it has triggered Article 50 is the first formal step to our country's exit from the European Union.

United KingdomInternational Law

Senior Partner and Chief Executive of Deloitte UK

The government's announcement today that it has triggered Article 50 is the first formal step to our country's exit from the European Union. While symbolically this is undoubtedly a watershed moment and will receive widespread media attention, in reality as of today, nothing has changed. The fundamental strengths that make the UK an attractive place to live, work and invest remain, and the government has made clear it recognises the importance of reinforcing these if the nation is to prosper after Brexit.

With a well-established legal and political system, strong infrastructure, and a language that is used throughout the business world, we should be confident in the UK's ability to withstand the uncertainties of leaving the EU. The nation's economic resilience since the referendum has not seen the predicted collapse of growth, with the Bank of England forecasting average GDP around 1.8 per cent for each of the

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