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Brexit survey shows need for consistency

13 April 2018

BSRIA has conducted a survey among its members to gauge opinion on the impact of Brexit on their businesses.

This showed that nearly 70% of respondents believed that there had been a negative impact on business operations.

When asked whether Brexit negotiations had provided business opportunities over the last 18 months, 63% said no, while 37% said there had been no difference.

The absence of opportunities emerging from the negotiations was due to a lack of market investment, business uncertainty, skills and movement of labour, said the respondents.

BSRIA members further stated that the most important issues to resolve included consistency of regulations and standards and the UK's influence on these, along with access to the single market.

Opinion was also sought on which Brexit model respondents would most like to see implemented.

They were presented with the choice of the Canada model (hard Brexit), the Norway model (soft Brexit, retaining members of the European Economic Area) and the Switzerland model (soft Brexit, with membership of the European Free Trade Association).

The Switzerland model proved most popular, attracting 50% of the vote, with 31% choosing the Norway model and 19% the Canada option.

BSRIA said its results mirror those of a survey conducted by Property Week, where more than two-thirds of respondents said Brexit had negatively affected the property market, with a similar number stating that negative effects would continue when the UK leaves the EU.

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