The key findings are:
- 64% of Austrian business in the UK expect a stable or improving development for the UK economy in 2024
- Only 36% expect some deterioration in 2024, which is the second-best figure since the 2016 Brexit vote
- 79% of respondents expect their company’s total revenue to increase or stagnate at the current level in 2024
- Top 3 challenges are the availability of a qualified labour force, the cost of raw materials and the level of bureaucracy
Four years after Brexit, more than half of respondents are negatively affected by the post-Brexit regulatory and administrative framework. Top of the list are the administrative burden in import and export operations, transport and logistics issues and the planning uncertainty.
Please see full results in the pdf file below.
