The start of the political endgame on Brexit | KPMG | UK

The start of the political endgame on Brexit

The start of the political endgame on Brexit

James Stewart, Head of Brexit, at KPMG UK, comments on today's EU Leaders’ meeting.

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Following the EU Leaders’ meeting today James Stewart, Head of Brexit, at KPMG UK said:

“Many of our clients are hoping that today’s announcement marks the start of the political endgame on Brexit. However, none are naïve enough to think the next round of negotiations won’t be the hardest yet, with colossal choices and different sector views complicating matters. That’s why only a handful of our clients have shown any indication they intend to alter the course of their Brexit planning.

“However, what I do think could change is the way the timescales have so far dictated that Brexit is perceived purely as damage limitation exercise by many large firms. Of course the risks remain, but today might just allow business the breathing space to get on the front foot with Brexit.

“UK PLC has an opportunity to reprioritise growth and entrepreneurialism. At an individual business level, we want to see more firms rethink their business models, build new trade corridors, and expand their client bases. Nationally, the UK doesn’t just need new trade deals to prosper after Brexit, it really needs to ramp up productivity, raise FDI, and position the UK as the globe’s central deal-maker.”


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For further information please contact:
Paul Middleton, KPMG Corporate Communications
Tel: (0) 20 7694 2180 / Mobile: 0738 725 7543 / Email: Paul.Middleton@kpmg.co.uk

KPMG Press Office
Tel: +44 (0) 207 694 8773

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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 14,500 partners and staff. The UK firm recorded a revenue of £2.2 billion in the year ended 30 September 2017. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 152 countries and has 189,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

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