Businesses need to update their strategies post Brexit vote

That's the advice from EY Economist Mark Gregory, who attended one of our first panels at The London Stock Exchange and is now warning of a slowing macro-environment post Brexit.

Writing in the EY ITEM Club blog, he advises businesses to review capital allocation and to consider investing more in export capacity given the low pound and push for new trade partners.

He also raises the issue of changing business structure by placing some parts in the future EU and some outside.

While Mark has been an advocate of 'wait and see' as far as responses to Brexit are concerned, he now feels that a 'Hard' Brexit, based around WTO rules, is most likely.