1. .
FT release
Captains of Industry 2016

2. .
Captains of Industry 2016
 Topline data shown here are based on a total of 114 interviews
conducted with Captains of Industry;
 Fieldwork was conducted between 12th September and 9th
December 2016;
 Unless otherwise stated, each question is based on all Captains of
Industry answering;
 Where data does not total 100%, this is due to rounding or multi-
coded responses.
2

3. .
Brexit impact on business situation
CEU2A. …do you think that the business situation of your company is / will be more positive or negative so far
compared to what it would have been if the UK had voted to stay in the EU, or has it made no difference?
3
2%
11%
18%
54%
11%
4%
A lot more positive A little more positive Makes no difference
A little more negative A lot more negative No opinion
2%
9%
31%
45%
13%
1% 9%
23%
22%
38%
7% 2%
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Since the referendum In 12 months time In 5 years time

4. .
Over half of Captains strongly agree that how well the government
handles Brexit negotiations is vital to their business
C3. To what extent do you agree with the following statement? How well the government handles Brexit
negotiations is vital to my business.
4
54%
31%
8%
7%
1%
Strongly agree Tend to agree Neither agree nor disagree Tend to disagree Strongly disagree No opinion
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016

5. .
30%
14%
10%
7% 7% 6% 6% 5% 5%
5
Nearly 1/3 of Captains are not currently pursuing any actions as a result
of the UK leaving the EU
CEU4. What action, if any, is your business currently taking as a result of the decision to leave the EU?
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Nothing
Impact of
different
renegotiations
Moving
business
outside UK
Looking at
currency
changes /
stability
Being more
cautious /
Pausing growth
Engage with
government
departments
Providing
reassurance to
foreign staff
Focussing on
growth outside
the UK
Planning
financial
strategies
Top mentions

6. .
Majority of Captains agree that they are confident that their company
can adapt to the consequences of leaving the EU
CEU8. To what extent do you agree or disagree with the following statements about the UK’s relationship with
the EU?
6
48%
25%
2% 2%
47%
30%
25% 18%
4%
20%
27%
29%
16%
36%
37%
10% 10% 13%
I am confident my company can
adapt to the consequences of
leaving the EU
The decision to leave the EU is a
significant risk to my company
The decision to leave the EU will
reduce the level of regulation on
UK businesses
I am confident in the ability of the
government to negotiate the best
deal possible for UK businesses
with the EU
Strongly agree Tend to agree Neither agree nor disagree Tend to disagree Strongly disagree No opinion
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Responses less than 3% are not shown

7. .
54%
47%
16%
13%
9% 9% 8% 8%
7
Most important things to achieve during Brexit negotiations
CEU3. During the negotiations to leave the EU, what are the most important things for your business for the UK
to try to obtain?
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Movement &
access of
skilled labour
Control &
clarity on
immigration
Being a trading
partner with
Europe
Tariff
agreement Clarity
Support for city
/ London
Passporting
rights
Securing free
trade and
single market
Top mentions

8. .
A fifth of Captains disagree that in the long term the government’s
policies will improve the state of the British economy
C3. To what extent do you agree with the following statement? In the long term, this government's policies will
improve the state of the British economy
8
General
election
General
election
General
election
General
election
45%
21%
Year
9%
36%
32%
19%
2%
2%
Strongly agree Tend to agree
Neither agree nor disagree Tend to disagree
Strongly disagree No opinion
General
election
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
0
10
20
30
40
50
60
70
80
90
100

9. .
C3. To what extent do you agree with the following statement?
Opinion on the Government’s industrial strategy
3% 33% 46% 13% 5%
The government’s new industrial
strategy will effectively encourage
economic growth in this country
Strongly agree Tend to agree Neither agree nor disagree Tend to disagree Strongly disagree No opinion
Support more
training / skills
development
Support
regional
development
Encourage
investment in
infrastructure
Reduce
regulation
Support trade
deals
Selective
investment in
key industries
19%
16%
13%
11%
10%
9%
9
C.100. And, what policies do you think the government’s industrial strategy should include?
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Base: All British Captains of Industry who expressed an opinion on the government’s new industrial strategy effectively encouraging growth (108) Interviewed Sept – Dec 2016
Top mentions

10. .
C101. From where do you believe the best growth opportunities will come for your business over the next
5 years?
10
Technology and Digital are considered to be the main areas for
business growth opportunities
17%
14%
13%
9% 9%
8%
7%
Technology &
Digital
Asia, China &
India
UK Consumer
Confidence
New Links in
Europe
International
Expansion Housing Supply North America
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Top mentions

11. .
Reducing the level/complexity of regulation and keep it easy to recruit
EU staff are most important to be successful post Brexit
CEU7. Using a scale from 1 to 5 where 1 means it is not at all important and 5 means it is extremely important,
please say how important each of the following will be for your business in order to be successful in a
post-Brexit UK?
11
10%
29%
1%
32%
35%
18%
7%
28%
25%
41%
18%
12%
26%
29%
12%
21%
38%
12%
26%
2%
13%
41%
2%
7%
Reducing the level and/or
complexity of regulation
Keeping access to the EU
single market for my
businesses
products/services
Reduced level of
immigration
Keeping it easy to recruit
EU staff
Making it easier to recruit
non-EU staff
Extremely important Very important Fairly important Not important Not at all important No opinion
Base: British Captains of Industry (114) Interviewed Sept – Dec 2016
Responses less than 3% are not shown
11%