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Uncertainty over EU referendum poses major risk to UK business, research suggests

May 29, 2014  /   No Comments

Anna Scott

Discussions over whether the UK will remain part of the EU risks harming trade and hampering businesses’ ability to recruit and retain the best talent, a poll of senior executives has found.

Nearly three quarters of senior executives (74%) polled by recruiters Interim Partners said that the debate over whether to hold a referendum could be detrimental to UK plc.

The prospect that the UK might leave the EU could harm business’ ability to access key markets and drive away foreign investment, and a referendum on EU membership would have a negative impact on UK businesses, according to 68% of the 500 board-level interims who were surveyed. 

However, the research also found that more than half (54%) of interim managers feel that repatriating powers from Europe would improve the attractiveness of UK businesses.

“This is a clear example of the delicate balance posed by the whole European question,” said Adam Kyriacou, partner at Interim Partners. “As far as most interim managers are concerned, being in Europe is vital, but greater autonomy over the UK’s ability to do what is best for British businesses is also important.”

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  • Published: 10 years ago on May 29, 2014
  • Last Modified: May 29, 2014 @ 10:07 am
  • Filed Under: News, Weekly Bulletin

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