Only a Quarter of U.K. Firms Ready for Brexit Transition

Only one-quarter of business leaders say their organizations are fully ready for the end of the Brexit transition period, according to a survey by the Institute of Directors.

Nearly half of the 978 company directors polled late last month said they weren’t able to prepare for a transition now, and one in seven said they were focused on the coronavirus pandemic, the survey said. Almost a third said they need more clarity about forthcoming changes before they make any adjustments.