Global CFO Survey Says Brexit Won’t Hurt Intended Trade With UK

A British breakaway from the European Union this summer will do little damage to the country’s business ties with the rest of the world, according to a new survey conducted by CNBC.

Chief financial officers (CFOs) from some of the world’s biggest firms were largely sanguine on the outcome of a “Brexit” and how that could affect any current or future trading conditions with the island nation.

Over 70 percent of global CFOs – across a wide range of industries – said there would be “no change” on their perspective on how likely they would be to do business with the U.K. in the event of an exit.

However, 14.6 percent of respondents said they would be “slightly less likely” to do business with the country and 2.1 percent said they would be “significantly less likely.” Conversely, 2.1 percent said they would be “slightly more likely” to form ties with a breakaway nation.

via CNBC

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