Business fears over Brexit effect are increasing
Concerns about the effects of Brexit on UK businesses have increased, according to Deloitte’s latest CFO Survey.
Over the past quarter, optimism and risk appetite have fallen among CFOs and they look more willing to rein in corporate spending over the coming year.
Stuart Cottee, practice senior partner at Deloitte in Yorkshire, said: “Whilst current activity in the Yorkshire market is strong there is undoubtedly some nervousness amongst our clients about what the future holds and, in particular, the future terms of the Brexit deal.
“As highlighted in our survey, removing this uncertainty and providing detail on the transitional arrangements should deliver a real boost to business spirits.”