In one year, Great Britain will officially exit the European Union. Yet, for many British retailers, questions remain.
For example, as Silvia Amaro reports for CNBC:
“In 365 days, the U.K. will no longer be a member of the European Union. But U.K. businesses are still unaware of how much they will have to change to continue trading with the rest of Europe — making it harder to plan for the future. Paul Clarke, chief technology officer at the online food retailer Ocado, told CNBC that he is concerned about future funding. The £3.59 billion ($ 5.09 billion) company has benefited from European money in the form of business funding to develop its operations. ‘How will the UK government replace that?,’ he wondered during a phone call with CNBC.”
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Loop Images | UIG | Getty Images. Looking down on the New Oxford Circus crossing at sunset.
