It was a close call on that Thursday 23rd of June, 2016. 30 million people (71.8% of the voting public) turned up at the polls for the Referendum to decide whether the United Kingdom should Leave or Remain a part of the European Union.
Leave won by 51.9% to 48.1%, and now it appears to be 100% certain than it’s actually happening.
Whether you voted to Leave or Remain, or didn’t really care, the impact of Britain’s exit from Europe’s single market on fleets is something that all managers are now thinking about. Or should be.
The good news is that it’s not all bad, probably, and UK confidence is still mostly high. Over half of all fleet operators expect to grow their size this year. Car production is still high and Europe is our biggest trading partner, so we should have some good leverage in negotiations.
But there’s a lot to negotiate. And many different directions in which things could go.
Of course, some things in life are certain: such as the steadily rising cost of fuel. The price at the pumps never seems to go down for long, and certainly not in the long-term.
Fortunately, that’s one eventuality that we can prepare for.
Read more about gearing-up for Brexit, in Fleet Matters.
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Posted on 18th October 2017
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