Can consulting manage Brexit?

theConsultant.eu has a new focus — Brexit.

For the foreseeable future it will be devoted to the threats and opportunities Brexit presents.

It remains a forum for Europe's management consultants to share news, gossip, opinion and analysis as they and their customers across the continent face up to the perilous challenge of the UK's decision to leave the EU.

It is edited by Dave Madden, once a management consultant and long-time editor of Management Consultant International and The Accountant. Contact The Editor on +44.1270 812774, +44.7821 901580 or editor@theconsultant.eu.

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news in brief

EY moves control to Brussels

EY is to shift its European legal entity from London to Brussels, to keep itself in line with EU audit regulations and licensing arrangements after Brexit. A new legal umbrella group — EY Europe SCRL — will have legal control of some 40 operations across the continent, including its UK member firm.

Brexit anxiety takes its toll

Average UK household incomes are £1,500 lower than was expected before the Brexit referendum in 2016 according to Resolution Foundation. The think tank's analysis was published on the same day that The Office for National Statistics reported that GDP shrank by 0.4% in the final month of 2018, and by 0.2% in the final quarter. Business investment fell 1.4%.

50 days countdown

50 days to Brexit? There are lots of handy timelines published to mark the 50 days countdown. This one is in The Guardian.

UK will be worse off say CFOs

Nearly 80% of Chief Financial Officers think the UK will be worse off as a result of leaving the EU, whilst perceived risk to the long-term business environment sees firms tightening spending and scaling back on recruitment plans, according to Deloitte's latest quarterly CFO survey. The full grisly details are here.

Call for UK bank to replace EIB

Parliament's EU Financial Affairs Sub-Committee has called on the government to set up a UK infrastructure bank to plug the enormous gap left when the UK loses access to the European Investment Bank after Brexit. It's full report is here.