Brexit: What now for US companies?

The specifics of how the UK will exit the EU will be the subject of negotiations for at least the next two years, but there are steps to take now. We’ll show you which areas of your business should be on watch and help you with your scenario plans.

Brexit and your business

Not sure what Brexit might mean for your business?

Uncertainty is the watchword for the foreseeable future, but what is clear is that the event is fanning enough possibilities that you’ll want to understand the risks and opportunities stemming from this historic break.

We’re helping our clients assess potential implications, create scenario plans based on the likely outcomes of exit negotiations, and understand key decisions they’ll need to make in the short-, medium-, and long-term.

Learn more about where to look for Brexit exposures.

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A view from the UK, EU and beyond

Prior to the vote, the Confederation of British Industry (CBI) commissioned PwC to provide a detailed quantitative assessment of the potential economic implications of both ‘leave’ and ‘remain’ scenarios.

In our latest UK Economic Outlook, we project UK growth to slow to around 1.2% in 2017 due to the drag on business investment from increased political and economic uncertainty following the ‘Brexit’ vote. But we don’t expect the UK to suffer a recession next year.

The main reason for the slowdown will be a decline in business investment, driven in particular by uncertainty about the UK’s future trading relationships with the EU in the longer term.

Get the macroeconomic view.


 

Brexit: likely negotiations timeline

Brexit is a process not an act, with a long period of negotiation

"The global impact of the UK’s decision to leave the EU will last for some time. But each element of  Brexit will come into sharper relief as we move forward, and uncertainty will give way to new market realities and real opportunities. As a global organization, we are committed to helping our clients work toward this future, embracing the challenges and seeing potential."

Bob Moritz
Chairman
PwC International

Contact us

Mary Shelton Rose
Partner, US Brexit Response Office
Tel: +1 (704) 350 8170
Email

Ken Kuykendall
Partner, Tax
Tel: +1 (202) 346 5160
Email

Andrew Miller
Principal, Deals
Tel: +1 (312) 298 2032
Email

Beth Paul
Partner, Assurance, National Professional Services
Tel: +1 (973) 236 7270
Email

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