Over Half of UK Business Leaders Are Not Prepared for Brexit

British Chambers of Commerce warn of worst investment slump in 17 years

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LONDON—As Brexit looms nearer—as of now, the United Kingdom’s departure from the European Union is still set for Oct. 31—economists and executives continue to present an uncertain forecast for the country’s business future.

The Institute of Directors (IoD), a long-running organization for senior U.K. business leaders, published a new survey this week that calls Brexit an “impossible situation” for businesses, and urges both the U.K. and the EU to strengthen efforts to come to a deal that would be beneficial for businesses in and out of the U.K.

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