NOA recognises outsourcing professionals
The UK’s top business advisers believe that it’s better for UK business to remain in the UK.
In a survey carried out by the Management Consultancies Association, over 90% of the UK’s leading consulting firms said that the UK should remain in the EU, and that leaving would damage their client’s growth prospects.
The effects would be felt most in the short term: 81% of consultants predict a negative effect on the UK economy, with 36% saying there would be “very negative” outcomes. Even though the impact will reduce over time, 73% still believed there would be negative or very negative effects in the long term.
While a small minority (9%) of consulting firms do favour Brexit, not a single respondent believed it would help clients’ overseas business, with two-thirds predicting a negative effect. And 82% believe that inward investment would fall as well, with many commenting tht international confidence in the UK will be damaged.
They are also worried about the impact on their own business. particularly growth and access to skilled labour.
MCA CEO Alan Leaman commented:”While other cases have been marshalled for Brexit the position of the MCA on this matter is clear. We can find many economic risks associated with Brexit and no compelling case for withdrawal.”