How will Brexit Impact on UK Inventors?
While there's a great deal of speculation concerning the potential impact of Brexit, there's very little clarity about how leaving the EU will influence specific firms and marketplaces.
While there's a great deal of speculation concerning the potential impact of Brexit, there's very little clarity about how leaving the EU will influence specific firms and marketplaces.
With the Brexit and doubts of Theresa May’s suitability and approachability as a key negotiator, there is uncertainty of the UK achieving a progressive deal with the EU. How will the continued negotiations impact product-oriented businesses and innovators - particularly once discussions begin in a few months’ time?
Incredibly, business confidence in the UK is continuing to rise, despite the spectre of Brexit and its potential implications on citizens. Many experts have attribute this to the growth of the manufacturing sector, which recorded a Credit Manager's Index (CMI) score of 62.7 during the first quarter of 2017 and a 1.5% increase from the previous quarter. This hints at significant growth potential for product-oriented firms, which are currently able to increase exports due to a more competitively priced (and fundamentally weaker) pound.