U.K. Companies Brace for Bumps on Brexit Homestretch

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Brexit is done, but for executives, unknowns remain. “We haven’t got 100% certainty, which is what business needs.”

LONDON—Although Britain left the European Union on Friday, more than three years after voters chose to exit from the bloc, the terms of their future economic relationship still have to be thrashed out.

That means that, after a spell of uncertainty and political turmoil that hammered investment and slowed growth, executives are still in the dark over essential questions on tariffs and regulations.

 

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Looking for '100% certainty'? what a joke! there is pretty much nothing that is 100% certain in business world.

It doesn't actually go into effect for a year. Not seeing how another year will make all the difference in the trade talks. The cost of Brexit won't be felt till mid 2021.

What business has 100% Certainty?

People seem to forget that if on December 31 something simple as peanutbutter is not properly classified in the export tables the EU cannot buy it from the UK because it is administratively impossible to import. EU will just buy it somewhere else, but the UK will loose exports.

💯 certainty? What planet are you talking about ?

People who think you need 100% certainty probably aren’t good businessmen.

The Brits have a big mouth, but now are a small country with no voice. This is not going to end well. Europe doesnt need the UK, but the UK needs the EU.

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 /  🏆 98. in JP

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