The UK’s vote to leave the EU will directly impact the results and financial positions of many UK companies with international operations (particularly European) and multinationals operating in the UK. Following the exit vote on 23 June, within a week sterling had fallen to its lowest level in more than 30 years against the US dollar.

Although imports become more expensive, it is good news for exporters as their products become cheaper for overseas customers and thus more competitive. So it is not necessarily a bad thing as long as the fall does not go too far and the Bank of England steps in if this seems to be happening.