
UK Businesses Should be Better Prepared for No-Deal Brexit Scenario
According to the Interim Director General of the Institute of Directors, Edwin Morgan, UK businesses should prepare themselves for a no-deal Brexit instead of relying on assurances by political leaders.
A survey by the IoD revealed that less than 25% of firms had activated Brexit contingency plans in April, while over 50% had no contingency plans in place yet. Morgan stated that companies should use this Brexit delay to develop a better understanding of their potential exposure to risks arising from a no-deal Brexit scenario.
He also launched a scathing attack on British politicians saying that they had vastly underplayed the risks of leaving the EU without a deal through misleading language.
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Related Articles
Comments
Subscribe
Login
0 Comments