Business already suffering the consequences of Brexit

Commenting on Ipsos MORI’s survey of the top 500 UK businesses, Ben Page, CEO of Ipsos MORI, says “it looks like business in this country is already feeling the pain of the economic upheaval of leaving the EU, with 58% of Captains of Industry stating that their business has suffered negatively since the referendum… there is no sign that this is likely to ease this year, with two thirds saying they thought their business situation would get worse in the next 12 months.”

The annual Ipsos MORI Captains of Industry study finds that at the time of interviewing, 58% of Captains felt that since the referendum the decision to leave the EU has had a negative impact on their business. A third of Captains (31%) didn’t feel that Brexit had made any difference to the business situation for their company and just 11% feel it has made a positive impact.

Source: Ipsos MORI
Date: 5 Feb 2017

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