In a survey by KPMG, three quarters of CEO’s at large companies (revenues more than £100 million) have considered moving headquarters to outside the UK following the Brexit vote. Most believe that Britain leaving the EU will be bad for business with KPMG saying 72% of CEO’s had voted to remain in the EU. The pound has hit a week low on Friday against the dollar as the uncertainty of Britain’s conditions of leaving remain unanswered. “CEOs are reacting to the prevailing uncertainty with contingency planning," said Simon Collins, KPMG UK chairman.

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