UK scientists dropped from EU projects because of post-Brexit funding fears
Large Multinationals like Unilever, even for incremental decisions - like changing the type of light bulb, takes years to execute. This is why a large change in their business is so difficult and you need a very good CEO ( ask Marissa Mayer )<p>The decision UK made to leave the EU is akin for Unilever to switch from selling shampoos to selling software - and we are not talking about a multinational with 100,000 employees. We are talking about an entire country.<p>The UK -&gt; EU export is 40% but even the rest of the 60% happens through EU treaties with other non-EU countries.<p>Not only will the EU trade treaty need to be renegotiated, but so does the 50 other trade treaty with other nations - those treaties took a lot of time and over 600+ negotiators to write, the UK only have 30 negotiators and about 2 years.<p>A reworking of the economy usually results is a lot of unemployment and retraining. Imagine if the C standard library made a small change in some function. Retraining means public investment or as the austerity people put it - deficit spending - not sure how much appetite the UK govt has to do something like that.<p>Regardless of how much people hate on Java and Oracle - if they suddenly disappeared it would be chaos and lose of GDP for many years before we retool our software on Python&#x2F;Go etc.<p>Also there is uncertainty - usually the horizon for bringing new laws into action are declared ahead of time by 4-5 years to give people&#x2F;businesses time to plan.