Britain left the European Union ( EU ) will cause severe damage than the collapse of the stock Corporation - Financial Lehman Brothers in 2008. This is the general perception of the UK Finance Director and the world are reflected in a study by consulting firm Deloitte released on 18/7 .
According to Vietnam News Agency correspondent in the UK, the firm Deloitte has conducted a survey of 132 financial directors (CFOs) in the financial corporations - banks with the largest market capitalization listed on the London Stock Exchange. The majority of respondents are pessimistic about the prospects of the financial sector - the Bank of England in the post-Proposed referendum on United Kingdom membership of the European Union.
According to them, Proposed referendum on United Kingdom membership of the European Union will result in revenue and invested significant reduction in the context of shrinking businesses hire and recruitment plans. They said that the damage caused by the Proposed referendum on United Kingdom membership of the European Union for the UK economy and the world will be more severe "shock" named Lehman Brothers. 9/2008 month, Lehman Brothers - corporate securities and investment banking 4th largest in the US, was declared bankrupt with debts of 613 billion record, plunging the global financial crisis exacerbated
Of the 132 CFOs surveyed, 73% have expressed concerns about production prospects, the business of their group. This is the highest rate since 2007 when the company announced Deloitte started this study. A series of financial companies issued warnings about earnings and revenue due to concerns about the implications of the Proposed referendum on United Kingdom membership of the European Union.
Ian Stewart, chief economist of consulting firm Deloitte said after the British people decide to leave the EU, financial corporations adjusted their business strategies towards "defense" than to "keep clean" table Balance Sheet.
They find ways to reduce costs and shrinking availability of production, trading, risk prevention initiative. 82% CFOs confirmed their enterprise to cut costs in 2017. This figure is only 34% in the earlier survey, 2016. The majority of CFOs agreed that in the long term, will do bad Proposed referendum on United Kingdom membership of the European Union go business environment in the UK.
To support the economy , the CFOs said that the British Government should give a strong message about the purpose of the negotiation process with the EU . According to Deloitte CEO David Sproul , the British government quickly consolidate leadership has contributed to reduce the risk of instability .
However , only a few CFOs believe the government should give priority to tax cuts or public spending increases . According to Stewart , the current tasks of the UK Government is to convince the business community that Britain remains a good place for investment and business. Meanwhile , the Bank emphasized CFOs of England ( BoE ) should focus on efforts to maintain liquidity for the entire banking system .
