The Impact of Brexit on the Labour Force in London: Small Businesses

This study examines the impact of Brexit on small businesses in London, focusing on the effects on business efficiency, profitability, employee retention, and skill shortage. The analysis reveals that Brexit has led to a decrease in business efficiency, declined profitability and revenue generation, difficulty in retaining employees, and a shortage of skilled labor.

The impact of Brexit upon the
Labour Force in London in the
past two years Subtopic
SMALL BUSINESSES

Table of Contents.
Table of Contents..................................................................................................................................2
Assessment 2........................................................................................................................................3

Assessment 2
In order to collect the primary data regarding the impacts the Brexit upon
labour force in the country London primary data is used and a questionnaire method
is used. Also, the data is analysed by the group for thematic data analysis.
Theme 1 business efficiency has been reduced due to Brexit and labour force
Q- 1 Has your business efficiency has been reduced due to
Brexit labour force?
Frequency
Yes 15
No 3
Not sure 2
Total 20
Interpretation: from the above graph it can be identified that from the total of 20
representatives on the analysis of effect on the business efficiency due to Brexit and
labour force 15 of the individual has been agreed that their business efficiency has
been reduced due to the impacts of Brexit and labour force while 3 of the
representative as disagreed that they had not faced any loss in business efficiency.
Yes No Not sure
0
2
4
6
8
10
12
14
16
Frequency

Moreover, 2 of the representatives were not sure regarding such concern. Thus, the
reduction in business efficiency due to the Brexit and labour retention is due to the
high rate of unemployment, more and more of the labour is migrating from London.
Therefore, due to such critical issues of Brexit and labour force, most of the
companies are bearing the loss of business efficiency.
Theme 2 profitability and revenue generation declined due to the impact of Brexit
Q- 2 Has the profitability and revenue generation been declined
due to the impact of Brexit?
Frequency
Yes 14
No 4
Not sure 2
Total 20
Interpretation: from the above table it could be demonstrated that when 20 of the
representatives are been analysed on the issue of impact of profitability and revenue
generation due to the implications of Brexit in London. Out of 20 representatives 14
of the individual agreed to the point that, yes their profitability and generated revenue
Yes
No
Not sure
0 2 4 6 8 10 12 14
Frequency

has been declined due to critical cause of Brexit. While 4 of the individuals has
disagreed with this analysis as they say profitability and revenue generation has not
been affected by implication of Brexit in London. Moreover, there are 2 of the
individuals who are not on the either side of the as they thinks they are not sure.
Therefore, the representatives who got affected to Brexit in their reduction in
profitability and revenue generation has given the reason that due to higher rates of
wages demanded by the labour of the country.
Theme 3 able to retain employees due to Brexit
Q- 3 Are you able to retain employees due to Brexit? Frequency
Yes 10
No 6
Not sure 4
Total 20
Interpretation: in the above table it has been represented an analysis on 20
representatives on the concern of did the owner of the business are been able to retain
Yes
No
Not sure

employees due to Brexit of not. From the total of 20 representatives, 10 of the
representatives agreed to the fact that yes they are been able to retain the employees
after the Brexit. While 6 of the representatives had disagreed to the assumption that
they could not been able to retain the employees after the implication of Brexit as
most of the skilled labour had been migrated to some other place and the company is
incapable to retain them. While 4 of the employees were not sure regarding the
concern regarding did the owners of the business were able to retain employees or
not.
Theme 4 skill shortage in labour has affected business growth
Q- 4 has skill shortage in labour has affected business growth? Frequency
Yes 12
No 5
Not sure 3
Total 20
Interpretation: from the above graph it can be demonstrated that when 20 of the
individuals are been examined on the issue that did the skill shortage has affected the
business growth in London due to the implication of Brexit. From the analysis it has
Yes No Not sure
0
2
4
6
8
10
12
14
Frequency

been derived that out of 20 representatives 12 of the representatives had agreed to the
fact that yes due to the Brexit in London there is a shortage of skilled labour in
London, which eventually had a negative impact on the business growth. Moreover,
5 of the representatives of the analysis, demonstrated that they did not faced any issue
of skill shortage resulting in negative effective on business growth. Whereas, 3 of the
representatives showed that they are not sure regarding this concern. Thus, from the
overall analysis it could be predicted that the implication of Brexit in London has
declined the rate of business growth due to shortage of skilled workforce.
Theme 5 implication of Brexit in London has resulted in shortage of skilled
labour
Q- 5 did implication of Brexit in London has resulted in shortage
of skilled labour?
Frequency
Yes 14
No 3
Not sure 3
Total 20
Yes
No
Not sure
0 2 4 6 8 10 12 14 16
Frequency

Interpretation: from the above graph it could be interpreted that when 20 of the
representatives are been surveyed on the issue of implications of Brexit in London
has resulted in shortage of skilled labour or not. Therefore, from the analysis it has
been derived that out of 20 representatives 14 of the representatives agreed that yes
they had faced the issue of shortage of skilled labour due to the implication of policy
of Brexit in London. Moreover, 3 of the representative out of total 20 representatives
demonstrated that implication of Brexit has no impact on the shortage of skilled
labour. While there were 3 representatives too who were not sure, regarding the issue
of shortage of skilled labour due to implication of Brexit in London. Thus from the
overall analysis it could be predicted that majority of the individuals had faced the
issue of shortage of skilled labour due to Brexit.
Discussion
From the several analysis, which has been done in regards to the impact of Brexit in
London demonstrated that majority of individuals or the business owners had faced
the issues and are completely not in favour of implication of Brexit in London. As in
the various analysis regarding the business and impacts of Brexit on those businesses.
In one of the analysis regarding efficiency of business demonstrated that business
efficiency has been decreased to the implication of Brexit as majority of the skilled
labour got migrated to some other country and had left London. In another analysis,
which was regarding the issue that organisations profitability and revenue generation
is been declined after Brexit? And thus, majority of the individuals are not in favour
to Brexit as majority of the skilled workers had migrated due to unemployment in the
country. Moreover, retention of employees is also got affected, as majority
individuals or business owners are incapable to retain the employee, due to the
shortage of skilled labour in the country. Thus, the overall study and various analysis
demonstrated that majority of the individuals are not happy with such implications of
Brexit in the country London, as it has affected the overall business of the country.

Appendix
Questionnaire
Q-1 Do you think your business efficiency has been reduced due to Brexit and
labour force?
Yes
no
not sure
Q- 2 Has the profitability and revenue generation been declined due to the impact of
Brexit?
Yes
no
not sure
Q-3 Are you able to retain employees due to Brexit?
Yes
no
not sure
Q-4 Has skill shortage in labour has affected business growth?
Yes
No
Not sure
Q-5 Did implication of Brexit in london has resulted in shortage of skilled labour?
Yes
No
Not sure