Companies Shouldn’t Wait to Prepare for the Post-Brexit World
Harvard Business Review
NOVEMBER 3, 2016
The depreciation of sterling has driven up the price of the UK’s import bill by 13% (on average) since the vote, which, if fully passed on, translates into a ~6% drop in disposable income. A critical role of exports is to pay for imports, but even a steep depreciation does not guarantee an improved trade balance.
Let's personalize your content