12 June 2018
French Businesses faced with Brexit
This French language report follows the collaboration between Clifford Chance and Oliver Wyman in our Red Tape Cost of Brexit report. It is specifically focussed on French businesses and sectors in the French economy which are likely to be affected the most by Brexit. France would be the third most affected EU economy with a cost of approximately 4 billion euros per year, according to the analysis. Agri-food, consumable goods and the automobile, chemical and aerospace industries, would be particularly affected. The report states that "French businesses should prepare to take action. Brexit will impact not only their clients and competitors, but also their suppliers and supply chains. Small and medium size businesses will be particularly vulnerable."