26-09-2016, 09:17 AM
(This post was last modified: 26-09-2016, 09:19 AM by CityFarmer.)
An very interesting findings from the survey. Most CEOs are thinking the prospect of their companies, and British economy are good, but still consider to move. It is an normal reaction, in the face of high uncertainties i.e. play safe...
One day, the contingency plannings will be executed due to fear, either due or undue, if uncertainties sustain for too long...
Majority of UK CEOs considering moving operations abroad post-Brexit: survey
LONDON - Three-quarters of British company bosses are considering moving operations abroad following the vote to leave the European Union, according to a survey published on Monday.
The KPMG survey of 100 UK chief executives, from companies with revenues between 100 million pounds and 1 billion pounds ($130 million-$1.30 billion), found 86 percent were confident about their company's growth prospects and 69 percent were confident about the British economy's growth prospects over the next three years.
However, 76 percent said they were considering moving either their headquarters or their operations outside Britain because of the June 23 "Brexit" vote.
"CEOs are reacting to the prevailing uncertainty with contingency planning," said Simon Collins, KPMG UK chairman.
...
http://www.todayonline.com/business/majo...xit-survey

One day, the contingency plannings will be executed due to fear, either due or undue, if uncertainties sustain for too long...
Majority of UK CEOs considering moving operations abroad post-Brexit: survey
LONDON - Three-quarters of British company bosses are considering moving operations abroad following the vote to leave the European Union, according to a survey published on Monday.
The KPMG survey of 100 UK chief executives, from companies with revenues between 100 million pounds and 1 billion pounds ($130 million-$1.30 billion), found 86 percent were confident about their company's growth prospects and 69 percent were confident about the British economy's growth prospects over the next three years.
However, 76 percent said they were considering moving either their headquarters or their operations outside Britain because of the June 23 "Brexit" vote.
"CEOs are reacting to the prevailing uncertainty with contingency planning," said Simon Collins, KPMG UK chairman.
...
http://www.todayonline.com/business/majo...xit-survey
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