Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Brexit mayhem making UK sick

Prime Minister Theresa May shelters from the rain
Prime Minister Theresa May shelters from the rain

Utter exasperation is about the only way I can sum it up.

I have spoken to many businesses in recent months about the merits and demerits of the UK leaving the EU.

Just as in the run-up to the 2014 indy vote, I have come across a reticence to publicly post colours to the mast for fear of upsetting customers of the opposing political persuasion.

But, regardless of Leave or Remain, one thing that is consistent is the desire to see the back of Brexit asap.

They want it off the table and the focus firmly back on trade, investment and the pursuit of growth.

And that’s because the uncertainty swirling around Brexit has eroded confidence to the point that the gears of the economy have started to jam up.

We know an austerity-affected generation want their hard-earned cash to go further and business margins are being squeezed as a result.

But in the last two years Brexit has added a new set of challenges into the mix with no obvious solutions.

How can you plan when you don’t know if the ground you are standing on is firm?

How can you invest in new ventures when you do not know the regulatory regime under which you will be required to operate?

How can you manage workforce expansion when you don’t know if the labour market and skills will be there to support it?

With Brexit, there have always been more questions than answers and, just over 100 days out from Divorce-Day, still nothing is certain.

Even the crash of 2008 – an economic flat-lining from which the UK is still recovering – did not throw up the obstacles Brexit has. That economic revision – as harsh as it undoubtedly was – was part of a cycle.

It had been seen before and companies and government could put forward strategies to mitigate against it.

But Brexit is unprecedented.

And when the UK voted to Leave two years ago I reckon Nostradamus would have struggled to predict the rollercoaster ride we have been on since.

Business was promised strong and stable government during the UK’s orderly departure from the EU.

It was to be given the platform to plot a new and exciting trading future with the world at large.

But it hasn’t had it.

What has been served up instead has been more akin to the Hokey Cokey – there may yet be time to turn around – than a carefully managed parting of the ways.

Business has been left out in the cold in this process and, unsurprisingly, it has started to catch a sniffle. A more certain future is the only tonic that will prevent a full-blown cold and the economic damage that will inflict.

Business needs that medicine now.

Already a subscriber? Sign in

[[title]]

[[text]]