Friday, July 3, 2020

Uncertain Times Ahead for UK Entrepreneurs after #Brexit

Uncertain Times Ahead for UK Entrepreneurs after #Brexit Uncertain Times Ahead for UK Entrepreneurs after #Brexit Image Source: Unsplash.com -- Photography: David DibertWHETHER you were in the #Remain or #Brexit camp in the referendum on the United Kingdom’s membership of the European Union, there can be no doubt that the narrow #Brexit victory (51.9%) is of huge significance, not only for  the UK, but also  for the future of the entire EU.  Among UK entrepreneurs, initial reaction on the morning of June 24, 2016, was largely disappointment, even anger. On Twitter, there were  doomsday scenarios predictedâ€"both genuine and satiricalâ€"of foreign investors and businesses departing the UK and leaving its residents to deal with the harshness of austerity budgets.However, as the hours passed, a more measured  perspective seemed to emerge from the welter of UK entrepreneurs commenting on  the #Brexit vote.  Sure, the sadness and pessimism remains pervasive, but there were also signs of spirited optimism, indicative of a sector eager to fight to ensure the best chance of economic stability for the UK in the months and years ahead.There was even, from Lord Alan Sugar, a “watch this space” suggestion that  the question  of the UK’s relationship with  the European Union may not be resolved just yet. This issue,  with two years of an exit period to run, could run for some time to come, and these UK entrepreneurs and public figures are likely to be the most vocal presences on Twitter in the time ahead. (adsbygoogle = window.adsbygoogle || []).push({}); Lord Alan SugarLORD Sugar had his finger on the pulse of a divided nation in the hours after #Brexit was announced. Sugar was one of the business world’s most acerbic critics of the #Leave campaign, and now that the votes are counted, it’s clear that this business  veteran, among all UK entrepreneurs, is not about to go quietly.Have you ever made a decision and after it has been set in stone reflect and think what did I do that for. Well watch this space #euexitâ€" Lord Sugar (@Lord_Sugar) June 24, 2016Richard Branson, Fo under, Virgin GroupTHE founder of the Virgin Group  Tweeted  his disappointment at the Brexit poll outcome, and called for a healing of “the wounds created by the divisive tone aggressive rhetoric of this campaign”.Leaving the EU is a very sad decision that will do huge damage to Britain’s prosperity Europe’s stability: https://t.co/TAkUH04WKgâ€" Richard Branson (@richardbranson) June 24, 2016 (adsbygoogle = window.adsbygoogle || []).push({}); Hiroki Takeuchi, CEO, CocardlessTHE head of Gocardless said his online payments firm  had proven its resilience, but  he predicted the next generation of startups would “suffer without some of the advantages that got us where we are today”. He left little room for doubt about his response to the #Brexit result.Thanks Little England, youve made me feel great about our future #ripgreatbritain pic.twitter.com/XVYcBxOjupâ€" Hiroki Takeuchi (@hirokitakeuchi) June 24, 2016Sebastian James, Chief Executive, Dixons CarphoneTHE Dixons Car phone chief executive sent had mixed feelings, declaring himself unsettled by the outcome, but also pledging to continue working towards his  company’s goals. “Brexit or no brexit we will be just fine,” he tweeted.Feels strange and unsettling following the vote but we are the same, our company is the same, and our job is the same. Making people happyâ€" Sebastian James (@DCSebJ) June 24, 2016 (adsbygoogle = window.adsbygoogle || []).push({}); George Spencer, CEO, RentifyGeorge Spencer, CEO of the London property tech startup Rentify came up with another of the day’s most vivid images when he  told Business Insider that  the UK had “gone to the loo with its trousers on”; a remark that was swiftly retweeted by many.The UK has gone to the loo with its trousers on UK tech reacts to #Brexit https://t.co/t5eVrlIYZTâ€" Christopher Mims (@mims) June 24, 2016Spencer  predicted that “businesses will be hurt in the short-to-medium term just as much as the 18-25s who overwhelmin gly voted to remain in the EU will be in the long term.”Aamer Anwar, Lawyer Human Rights CampaignerHEAD of Aamer Anwar Co, one of Scotland’s premier law firms, Aamer Anwar tapped in to the feelings of the hugely pro-#Remain  Scottish electorate, with this scathing tweet…4 those celebrating #Brexit we just lost £350 billion in few hrs, millions being found 2prop up £- the poor will pay again #austerityâ€" Aamer Anwar (@AamerAnwar) June 24, 2016 (adsbygoogle = window.adsbygoogle || []).push({}); Max Hurd, Co-Founder, The Trend PearTHE co-founder of hip and stylish fashion and lifestyle blog, The Trend Pear, was saddened by the #Brexit outcome, summing up his reaction in far fewer than 140 characters.Didnt realise how sad I would be about #brexit ! Never felt ashamed of my country beforeâ€" Max Hurd (@MaxHurd) June 24, 2016Ed Molyneux, CEO, FreeAgentCO-FOUNDER of online money management and accounting tool FreeAgent,  foresees  a “lengthy period of uncertainty” while the terms of the UK’s exit from the EU were negotiated. He also retweeted  some of the more viral gifs from the Twitterverse reaction to the #Brexit outcome.Brexit in a single gif. pic.twitter.com/HBQKT6FwLIâ€" Luke Bailey (@imbadatlife) June 24, 2016 (adsbygoogle = window.adsbygoogle || []).push({}); Philippe Gelis, Co-Founder, KantoxTHE founder of Kantox precisely summed up the situation that the population of the UK now find themselves in, but was one of the few UK entrepreneurs to immediately and unequivocally pledge that he would keep investing in London’s tech sector, regardless of the circumstances.We will keep investing in London’s world-beating tech sector no matter what https://t.co/Nz1SrouXwu via @CityAMâ€" Philippe Gelis (@Pgelis) June 24, 2016

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