UK businesses consider relocating to continental Europe following the vote to leave the European Union

The video discusses the widespread uncertainty in the business community following the UK's decision to leave the EU. It highlights the impact on a Chesterfield manufacturer, which faces potential growth slowdown and redundancies. Multinational companies express concerns about isolationism and the need for cooperation. The government aims to address economic uncertainty by negotiating free trade agreements. Business leaders attend a summit to discuss the post-referendum economy, but some feel there's a political vacuum in Westminster. The video concludes with the ongoing burden on business leaders to manage economic challenges.

What is the main concern for businesses following the UK's decision to leave the EU?

• Higher taxes on exports

• Increased competition from EU companies

• Uncertainty affecting decision-making

• Lack of skilled labor

How did the Chesterfield-based manufacturer plan to fund its expansion before Brexit?

• With an EU grant

• By increasing product prices

• By reducing workforce

• Through a government loan

What is the sentiment among multinational companies regarding Brexit?

• Concern about isolationism

• Indifference to the changes

• Optimism about new trade deals

• Excitement for new opportunities

What approach does the business community believe is necessary to address Brexit challenges?

• Reducing workforce to cut costs

• Increasing tariffs on EU goods

• Focusing on domestic markets

• Cooperating and planning strategically

What was the government's strategy to reassure business leaders post-Brexit?

• Holding a confidence-boosting summit

• Implementing immediate tax cuts

• Reducing public spending

• Increasing import duties