How Brexit Is Affecting Companies in the U.K.

Ahead of Brexit, passed on June 23, 2016, with a 52% majority, companies and jobs are already leaving the U.K. Industries that will be affected by the country’s separation from the European Union (EU) include the airline, financial technologies, finance, and insurance sectors. The official exit process will take up to two years in accordance with Article 50 of the Lisbon Treaty. From a global perspective, market analysts predict that the U.K.’s exit will have a significant impact on the entire world economy, with many businesses and investment interests subject to restructuring and transfer abroad.

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