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The Tell: 76% of U.K. CEOs consider leaving Britain after Brexit, survey finds

The majority of chief executives at major U.K. companies are considering moving their headquarters or some operations outside Britain because of the Brexit vote and the accompanying uncertainty, a survey by accounting firm KPMG has found.

Polling 100 CEOs from companies with annual revenue from £100 million ($129.7 million) to more than £1 billion, 76% said they were considering saying goodbye to the U.K. as a result of the referendum outcome.

“CEOs are reacting to the prevailing uncertainty with contingency planning,” said Simon Collins, U.K. chairman at KPMG, in a statement out on Monday.

“Over half believe the U.K.’s ability to do business will be disrupted once we Brexit and therefore, for many CEOs, it is important that they plan different scenarios to hedge against future disruption,” he added.

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