The voice of the public has spoken. 52 per cent of those casting their ballot in the Brexit referendum want to get out. However, earlier surveys conducted in the engineering, technology and manufacturing sectors suggested the industry would have wished a different outcome. What does the Leave vote actually mean for the engineering and technology sector? The answer is that we don’t know.
The Institution of Engineering and Technology issued a statement calling for an immediate discussion on mitigating the presumed negative effects of the Brexit vote on the engineering sector. These effects would translate into impairment of the UK economy, which is already being hit by the pound sinking to a 30-year low in the wake of the result.