Confidence is everything
■ The impact of the Brexit vote on the retail market is yet to be felt. The coming months will provide greater insight into how the British consumer has, and is, reacting and what this means for the occupational markets.
■ Consumer research suggests confidence has dipped, but its decline post-Brexit vote could be a 'knee-jerk' reaction rather than reflecting a longer term retrenchment of confidence.
■ It is too early to identify any clear trends in occupational demand but to-date there has at least been no negative reaction albeit some smaller retailers are adopting a certain degree of caution.
■ There is considerable speculation in the investment market and impact on pricing. How this plays out will be subject to how the Brexit vote impacts on consumer spending and in turn occupational demand.
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