How will BREXIT affect our business together
In light of the referendum last week where the people of the United Kingdom voted by a narrow margin to leave the European Union we would like to reassure our customers that we will do our very best to support you through the coming transition period.
How will BREXIT affect our business together?
ARLL is very internationally oriented and is always seeking new markets, opportunities and challenges to expand its network. Concrete plans now exist to expand to more locations in Europe.
The British pound was in freefall at the start of the new week as investors showed they were not comfortable holding sterling at the seemingly rich levels above 1.24.
There are some signs of stabilization this morning and the pound has recovered slightly it is still too early to expect a more sustained rebound for the pound. Hence it is a perfect timing for our EU buyers to check our UK based stock lists and to get in touch with us for up to date offers.
Short term we believe that it is business as usual. The marketplace is obviously immediately impacted by more uncertainty and volatility; however, we do not expect any immediate changes to international trade. Like all good dramas, the Brexit story has been shocking, dramatic and upsetting. But its ending is not yet written.
As and when we get more information from the relevant authorities we will stay in close contact with our clients and keep you up to date with anything that will impact on our business together.
What about the future?
It is impossible to predict how the present situation will evolve as Europe sets about negotiating a new order during the next couple of years (the UK will have a two-year window to negotiate their exit after the official declaration to leave the European Union is made). ARLL is a global organization, more than 40% of our offers are from EU based vendors: furniture, mobile phones, electronics, small domestic appliances, laptops.
As with everyone we are very keen to see how this situation will evolve in the coming weeks, months and years. We can however assure you that everyone at ARLL will continue to be focused on providing you high level of customer service and operational excellence through this transitional period. If you should have any question or feel the need for any further information please do not hesitate to contact me directly, firstname.lastname@example.org.
ATTRACTING REAL LEVERAGE Ltd