Quarter of Yorkshire businesses believe Brexit will bring positive impact, research shows

Almost a quarter of Yorkshire businesses believe that the on-going process of exiting the EU is having a positive effect on their business, new research has revealed.

Commissioned by Huthwaite International, the research found that 38% of businesses in the county feel the divorce proceedings haven’t had any impact on their business at all.

Post-Brexit business prospects remain positive, with 39% of Yorkshire businesses believing their growth potential will prosper post-Brexit, regardless of the outcome.

When looking at what worries businesses most about the UK leaving the EU, economic stability, rise in prices and a no-deal Brexit ranked as the highest concerns.

Improving negotiation skills also ranked as high priority amongst businesses in Yorkshire before the Brexit deadline, with many citing it to be a key priority when it came to safeguarding profits and reducing overheads.

Tony Hughes, CEO at Huthwaite International, said: “One of the few certainties the UK faces is that, for selling organisations, things are getting tougher. As buying organisations entrench, delaying or even cancelling purchasing decisions, sales teams across all sectors and markets are having to up their game.

“This means sophisticated negotiation skills aren’t just important to ensure the UK secures a quality deal with the EU, but also form the fundamentals for ensuring business success across the UK too.”