A Detailed Report on the Impact of Brexit on Warehouse Carephone Ltd

This report examines the impact of Brexit on Warehouse Carephone Ltd, analyzing its effects on the business operations, sales, and financial performance. The introduction highlights the initial concerns regarding Brexit's impact on UK businesses, particularly the potential changes to free trade and employee movement. The main body of the report delves into the overall impact of Brexit on businesses, discussing obstacles to regional lobbying strategies and the financial implications for companies. The analysis focuses on Warehouse Carephone Ltd, revealing that the company has not been negatively affected by Brexit and has even experienced growth in sales and revenue, especially in southern Europe. The conclusion summarizes that Brexit has not significantly impacted Warehouse Carephone Ltd's operations, with the company remaining optimistic about its market position. The report references books, journals, and online sources to support its findings, providing a comprehensive overview of the topic.

BREXIT IMPACT

TABLE OF CONTENTS
INTRODUCTION................................................................................................................................3
MAIN BODY.......................................................................................................................................3
The impact of Brexit on Warehouse Carephone Ltd........................................................................3
impact of Brexit on Warehouse Carephone Ltd..............................................................................4
CONCLUSION ...................................................................................................................................4
REFERENCES.....................................................................................................................................6

INTRODUCTION
UK is considered as one of the best country to start a business but this methodology gets
changed on June 23rd 2016, when Britain voted to leave the European Union (Wright and et.al.,
2016). It is been analysed that development of Brexit provided a major impact on both small and
large organisations. It is found that many organisations decided on exit their business in Britain, it is
because free trade in both goods and services across the European Union are set to change with the
free movement of employees as well. Thus, this report will articulate the impact of Brexit on
Warehouse Carephone Ltd.
MAIN BODY
The impact of Brexit on Warehouse Carephone Ltd.
Overall impact on businesses:
It is been analysed that Brexit has provided major impact on businesses across the world. It
is not only about the entities who has the business established in UK, infect it is affected the
business of multinational entities as well who has its subsidiaries in UK's economy. However, not
all the businesses have affected in the same way nor they are equally able to influence the
negotiation position of government (Kierzenkowski and et.al., 2016). There are various obstacles
which have been identified to an effective regional lobbying strategies on Brexit. It is also analysed
that large entities and manufacturers are actively putting their arrangements in order to conduct the
business in Europe. Many of the organisation has set up their estimation of how Brexit might affect
the economy of UK which is for the longer duration of work. It is also been analysed that Brexit
will affect the companies financially too. It is because, leaving EU already provided an impact on
the finance sector which is both in Britain and abroad.
Its major impact is also developed in different term where having the right people in right
job is also a concern for the entities (Dhingra and et.al., 2016). It is been analysed that entities
mainly have the two third Scottish small firms and their concern is that they would not be able to
recruit the enough skilled employees in the next few years because EU leaving UK. Right now,
Businesses in UK can recruit whoever they want from which is also from the EU as well which is
also with no fuss, no delay and no additional complicated paper work and with this recruitment
entities had developed planning for the future operation. However, other than this various other
factors needs to be face by the businesses in UK.

impact of Brexit on Warehouse Carephone Ltd.
In regards with this, Brexit has not affected the business of Warehouse Carephone Ltd but
entity is now planning for opening new stores near their current workplaces. But other than this,
Electrical retailer Dixons Carephone have said that there is no impact of Brexit on the business and
infect there has been a rise of 4% growth in sales between UK and Ireland. CEO of the entity have
said that it remain Optimistic and company have the ability to continue its business operations in the
market (Monaghan, 2016). After the announcement of EU leaving UK, entity has reported that it
has achieved a strong performance in its southern European business. Entity has also achieved
strong growth in Greece. Dixon Carephone have said that their sales got risen up with the 4% in 13
weeks to July 30 in southern Europe. Its revenue gets boost up which is reported for the group's last
financial year. Entity has achieved another very good quarter and it had been analysed that Brexit
did not have affected the sales of Warehouse Carephone entity. Infect, its sales has risen up during
this quarter.
In the words of its chief executive, it is been analysed that entity is pleasing the growth in all
the market and is also continued in achieving high level of customer satisfaction. Thus, as far there
is no impact of Brexit on the business operations of entity. However, during the announcement of
Brexit it is been analysed that entity has said in January that it would close 134 outlets in UK and
Ireland and will merge with PC world in order to create 3-in1 stores and then entity will add the
Carphone Warehouse to such locations of the store. During the first quarter, disruption from
refurbishment forced entities to close their businesses and stores because it will directly affect the
revenue and sales of the company. It is been analysed with Britain's biggest housebuilders that
Brexit did not have provided any impact on business of the companies and their business is as usual
as it was. Infect, entities has achieved a higher growth during this period and also to establish
effective consumer base because entity's customer satisfaction factors also gets risen up with the
development of Brexit. Its CEO have said that the revenue growth of the company is impressive and
it is more than compared to past performance. Business of Carphone's gets increases in UK, Nordic
and southern European markets. The group market share of entity also gets risen up across the
board and potentially lucrative expansion into the US market has just kicked off. CEO also have
said that no employee would lose their jobs and staff will further be offered good position at their
new merged store which they will open near current workplace.
CONCLUSION
From the above report it is summarised that after the impact of Brexit will not affect the
business operations of Warehouse Carephone Ltd. Infect, it is analysed that entity has earned a good
increase in their sales and revenue which boost its profitability in UK and Southern Europe. Dixons

Carephone have said that there is no impact of Brexit on the business and infect there has been a
rise of 4% growth in sales between UK and Ireland. CEO of the entity have said that it remain
Optimistic and company have the ability to continue its business operations in the market. Thus, it
will analyse that businesses of firms which established in UK has not much affected as it was
predicted.

REFERENCES
Books and Journals
Dhingra, S and et.al., 2016. The impact of Brexit on foreign investment in the UK. BREXIT
2016. 24. p.2.
Kierzenkowski, R and et.al., 2016. The economic consequences of Brexit.
Wright, M and et.al., 2016. Brexit, private equity and management. British Journal of
Management. 27(4). pp.682-686.
Online
Monaghan, A., 2016. Dixons Carphone says no detectable impact of Brexit Vote. [Online].
Available through <https://www.theguardian.com/business/2016/sep/08/dixons-carphone-
brexit-vote-retail-electricals-consumer-spending>