Fewer Competitors, More Opportunities
The UK's move to detach itself from the EU will mean a whole different marketplace for companies in the UK. That could be a very good thing for the local companies. London continues to be the headquarters for many of the world's top financial institutions, top universities, and a broad range of industries. Once the UK leaves the EU, it is expected that companies in the EU will face higher costs importing their goods into the UK. By being based within the UK, companies can avoid this problem while enjoying preferable trade conditions. This could provide huge opportunities to local companies.