Planning for an uncertain future
SMEs’ fears. A recent report by Robert Half showed that two main fears were the economic uncertainty and the increasing dependency on technology. Here are the details ( http://bit.ly/2ZFiRUm ) - the need for better management is one outcome. It’s also proving difficult to fill skilled roles, an issue focused on by SIA ( http://bit.ly/2ILsoDL ), who point out the uncertainty on immigration policy that Brexit brings. Business Matters magazine ( http://bit.ly/2ZMA6Do ) argues the top priority for SMEs should be “technology and talent”, and that internal training should play a bigger part in a post-Brexit world.
The Brexit factor.Parliament.uk ( http://bit.ly/2X3SfiX ) has a downloadable “Brexit timeline” (PDF) that lists all events from a UK perspective. The European Council ( http://bit.ly/31TKlHO ) lists every agreement reached/decision taken since the EU Referendum.
Business planning at a time of uncertainty. The National Audit Office has issued a detailed report on the UK’s contingency plans for a no-deal situation, codename Yellowhammer ( http://bit.ly/2ZGVMR9 ). These plans are currently on hold. The European Commission has given advice to the EU27 on preparing for a no-deal situation ( http://bit.ly/2FsMyA8 ).
Recent initiatives and requirements. The Government’s has announced a financial support package for UK SME exporters ( http://bit.ly/2KxJMhj ). This aims to unlock finance for SMEs exporting to emerging markets. The Construction Industries Training Board has produced a plan to combat the potential skills shortages after Brexit - called Building After Brexit ( http://bit.ly/2XuwN6a ). The FSB has produced a Small Business Plan for Europe ( http://bit.ly/2NocuDN ).
News and opinions. A good place is EUReferendum.com ( http://eureferendum.com ), a series of essays by Richard North. The Conversation’s Brexit section ( https://theconversation.com/uk/brexit ) is good on taking an historical view. Up-to-date news - Politico’s Brexit pages ( https://www.politico.eu/section/brexit ). Deutsche Welle ( http://www.dw.com/en/top-stories/brexit/s-32798 ) - useful for Brexit news and views.
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