One fifth of British businesses may move operations abroad

http://www.industryweek.com/public-policy/one-fifth-british-businesses-may-move-operations-abroad After the country's shock decision to leave the EU, one fifth of British business leaders are considering moving operations abroad, according to a survey from a leading business lobby group.
The Institute of Directors (IoD), which polled more than a thousand of its members between June 24 and June 26, added one in four planned to freeze recruitment following the surprise referendum result.
Almost two thirds or 64% of IoD members think the result is negative for their business, while 23% think it is positive. Nine percent say it makes no difference.
"Businesses will be busy working out how they are going to adapt and succeed after the referendum result," said Simon Walker, IoD director general.