Busi­ness fears over Brexit ef­fect are in­creas­ing

Yorkshire Post - Business - - NEWS -

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.”

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