Dutch entrepreneurs expect no-deal Brexit

Author without image icon
Editorial
20 September 2019
1 min

Nearly half of entrepreneurs fear a no-deal Brexit on October 31. Meanwhile, 35 per cent of entrepreneurs doing business with the UK have yet to take any action at all.

This is according to a survey by BNR Nieuwsradio, VNO-NCW and MKB-Nederland among 309 entrepreneurs doing business with the UK. 37 per cent of entrepreneurs expect another delay. The remaining group thinks it will come to an agreement.

Hassle at the border

A majority of entrepreneurs say they do not actually want a Brexit at all (66 per cent). Furthermore, 82 per cent are concerned about preparations on the British side, with only 18 per cent of Dutch entrepreneurs thinking the British are ready. Hassle at the border is the big fear of many entrepreneurs (62 per cent). More than a third fear imminent import tariffs and 30 per cent fear loss of sales.

Measures

Not all entrepreneurs are prepared for the UK's exit, with 35 per cent saying they have not yet taken any measures at all. Almost 60 per cent of surveyed companies feel fully to mostly prepared.