Brexit in the Boardroom – Executive Summary

The findings from our survey indicate that large companies across the four biggest economies in the EU are, in the main, still expressing optimism about their growth prospects following Brexit. Significant majorities of those we surveyed are expecting their business to grow in the aftermath of the UK’s exit but this confidence has reduced by 7% vs our December 2017 survey – we see similar patterns of reduced confidence in the future in terms of turnover, employee numbers and client/customer numbers. Given the fractious nature of the negotiations since December 2017, this isn’t surprising. Confidence and resilience may well be based on an overly optimistic assessment about the outcome of the deal and with many still assuming there will be little impact on the movement of people and goods.