Tuesday, 19 May 2015

Is your employer going to leave the UK if UK leaves the EU? Well, lucky you, you orphans!

Companies leaving the UK after Brindependence provide a fantastic opportunity for their UK workers and management to found new UK companies.

If you work for a company that is threatening to leave an independent UK, start writing your business plan and organising your management buyout now!

I am not a fan of state intervention, but in a transition like this there could be advantages in our transition government providing assistance for these orphaned businesses to keep them on their feet through the transfer while they get re-established as new UK companies.

There will be companies that don't make it, there will be screw ups, there will be fraud! and this all needs to be minimised (if it can't be eradicated). But it is an opportunity not to be missed.

Any transition support must come to an end, it can't be allowed to run indefinitely creating a hodge podge of virtually nationalised businesses, and state assistance can't be allowed to damage genuine private businesses. But this is detail.

Welcome to the New UK.

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