Having Brexit for breakfast?

May 31, 2018 2:16 pm

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The Chamber’s regular business survey, the QES, will probe local businesses about their plans to manage Brexit.  With the deadline for Britain’s EU departure now only ten months away, businesses need to begin planning for different scenarios.

First time research

So far, no-one has completed any definitive research to find out how much progress has been made.  Or what organisations are doing to ensure success in a post-Brexit global trading environment.  Only last month, the Brexit Advisory Group published a checklist of things businesses should be doing now.  This will ensure they achieve the best position as the UK transitions out of the EU.

The Chamber’s second Quarterly Economic Survey for the year will probe deeper into what firms have done so far.  And what they are planning to do in the immediate future.

Comments from the Chamber

Chris Hobson is the Chamber’s Director of Policy.  Chris said: “With the deadline for the UK to exit the EU now less than a year away, the Chamber continues to lobby Government to get answers on issues that will impact all types of businesses.

“Despite continued uncertainty, however, there are things that businesses should be doing now to position themselves to respond to the challenges and opportunities that will arise.  The Chamber’s Business Brexit Checklist details some of the key considerations.

“This survey will give us our first real insight into what steps businesses in the region are taking to prepare for Brexit.  The answers given will help the Chamber’s Brexit Advisory Group understand those areas where businesses may value more support from the Chamber over the coming months.  And help shape our continued lobbying messages as we work with Government.”

Further information

The survey will ask organisations whether they have held high-level meetings to discuss trade beyond Brexit.  Also if they have revised business strategies or investment plans, reviewed export activities or considered future workforce access.  Even if they have looked at the impact of potential border delays and rules of origin certification, changes to tariffs and VAT rules.  In addition, whether they have thought about intellectual property rights.

The Brexit Advisory Group was set up in partnership with Chamber Strategic Partner RSM.  RSM is one of the UK’s leading providers of audit, tax and consulting services.  The Brexit Advisory Group helps local firms and other organisations navigate the Brexit process.

Quarterly Economic Survey

This is a time-limited opportunity, so take part in the survey now.   It shouldn’t take long, typically about 5 minutes.  The Chamber’s Quarterly Economic Surveys are being sponsored in 2018 by the University of Leicester School of Business.  Read more about  the University of Leicester School of Business.

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