How will Brexit affect the Industrials sector?
According to an article in the Financial Times, manufacturing (auto and other), food production and chemicals would be the principal areas within the industrials sector which are exposed by trade, migration and investment challenges respectively.
However, given the substantial trade links existing, Richard Morawetz, an analyst at Moody's says, "those sectors that are most exposed to a Brexit are also those where there would be the greatest effort to seek an alternative." So we can assume that those industries would move forward and adapt quickly.
Whatever the impact on the Industrials sector, we are here to help with contingency planning and implementation; and understanding what the various Brexit scenarios would mean for your business.
Please do not hesitate to get in touch.
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Please note, these materials are current as of the date of their publication and do not necessarily reflect the present state of the law or relevant regulation. If you have any questions, please do not hesitate to get in touch with us.