Overview
As the UK prepares to leave the EU, British companies are beginning to think about the future of the UK’s relationships with international partners. With the EU at top of mind and the Withdrawal Agreement still in flux, the UK’s relationship with the US might be taking a back seat. What the “Special Relationship”, specifically its economic relationship, will look like post-Brexit is not quite clear.
Portland conducted a survey with senior decision-makers in UK businesses to understand what they think about USUK business relations post-Brexit and what it will mean for them.
The survey found that over two-thirds of these companies are not fully prepared to defend their interests in the US post-Brexit. This is an alarming takeaway for two nations whose bilateral relationships is important to each economy.
Trade is a crucial topic that will be discussed during President Trump’s official state visit to the UK 3-5 June 2019. The level of preparedness on both sides of the pond will be key in ensuring a comprehensive deal is reached. Below we outline our survey findings and analysis of business challenges for UK companies in the US post-Brexit.
[To view the original research, click here]
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