UK companies preparing for a no deal Brexit outcome need to expand their view of their own business to better protect themselves, according to Mark Essex, UK director of public policy at KPMG. The accountancy firm has been working with the government on its contingency planning and says it is now advising firms that are considering relocating or downsizing in case Britain leaves without an agreement.
UK companies preparing for a no deal Brexit outcome need to expand their view of their own business to better protect themselves, according to Mark Essex, UK director of public policy at KPMG. In a blog post, he said firms should stop using narrow sector definitions and instead take a broader outlook, thereby gaining an understanding of the tail and headwinds facing not only their competition, but also other businesses in different sectors.