The 23rd June Referendum has triggered a number of reactions which are likely to affect the UK economy regardless of the timing and conditions of Britain’s exit from the EU. Weaker Sterling, softer GDP growth forecasts and deteriorating consumer confidence are the elements that will impact Britain’s economy in the upcoming period of regulatory uncertainty. Some sectors are more exposed to these economic headwinds than others.
In this snapshot we explore the impact on construction and real estate, apparel, home goods and furniture suppliers and food and beverage manufacturers, and highlight the key issues for those exposed to these sectors to consider.
Paul Inglis and David Morris are Senior Managing Directors and Chris Hogg is Managing Director in FTI Consulting’s Corporate Finance segment in London.