Cliff-edge Brexit – BusinessEurope publishes company examples
The EU Single Market has enabled European and British companies to set up complex supply chains and close-knit partnerships that benefit competitiveness, growth and employment in both economies. With so much at stake, businesses are naturally concerned about the final outcome of the Brexit negotiations between the EU27 and the UK.
BusinessEurope Director General Markus J. Beyrer said: “The worst possible outcome for business would be a no-deal “cliff-edge” Brexit. Business wants to avoid this. And companies need certainty and time to prepare and adjust to the post-Brexit situation. However, with time pressure rising, this possibility, although undesirable, is not entirely implausible. With today’s publication we aim to show what a cliff-edge scenario would mean for European businesses from the concrete perspective of individual companies”.
The cases in this brochure all stem from input by small and large companies that currently operate both in the EU27 and in the UK, spanning both manufacturing and services sectors. Though the examples are anonymised, they all illustrate real-life, non-fictional company cases.
Read the brochure: Consequences of a cliff-edge Brexit: company examples