After four years of posturing and pontificating, the UK and the EU have agreed a trade deal that will come into effect from Friday, January 1, 2020.
But what exactly is in the deal? And what restrictions will now be placed upon trade and travel? Our Brexit deal checklist has some – if not all – of the answers.
The UK leaves the EU in little over a week, and there are still no trade deals on place with the EU. And given that their are lorries parked up in their hundreds in Kent, with ports shut due to the UK’s coronavirus variant, it appears that so-called Project Fear is playing out just as many feared it would.
If you run a business, there is very little advice on what happens next, let alone what you should do to prepare.
Although the impact Brexit will have on your business depends upon a wide range of variables – not least whether or not you trade directly with other EU countries – it will hit businesses of all sizes, in all sectors.
To help you prepare, here’s a quick guide to running a Brexit assessment on your business.
It’s been more than four years since the referendum result and a full year since Boris Johnson rode to election victory on the promise of an ‘oven-ready deal’, but with two weeks left until the UK leaves the EU, there’s still no deal in sight.
If Brexit is confusing you, our A-Z jargon-buster might help.
It’s something we all knew could happen and probably would happen, but it’s staggering to think that the UK is actually leaving the EU in a matter of weeks and there’s still no clarity on what’s actually going to happen when the transition period ends on January 1st.
One UK business magnate recommends that investors should carefully watch how things unfold – and not concentrate on the endgame – before making any moves in the market.
Brexit jargon-buster – from A to I is here
It’s been 119 weeks since we published the following paragraph, and Russian interference in the UK is still in the news and no deals of any note have been struck with the EU…
Brexit news seems to have been put on hold as the government deals with claims that its most senior officials may have jumped the gun in blaming Russia for the Salisbury poison attack, after UK experts claimed they can’t yet prove that the novichock nerve agent used actually came from Russia.
But Brexit is pushing on in the background, and it’s now just 51 weeks until the UK is set to leave the EU – so here is our second and final installment of our Brexit jargon-buster.
And it’s now been 31 weeks since the UK left the EU – we’re more than halfway through our transition period and still no clearer on what will happen come December 31 this year.
To help try and make sense of it all, here’s part two of our Brexit jargon-buster.
Panic over the coronavirus pandemic seems to be subsiding a little (whether that’s a good or bad thing is another conversation entirely), but just as business owners are licking their wounds following the impact of lockdown, so the next potential threat to business appears on the horizon – Brexit.
Regardless of whether you voted ‘leave’ or ‘remain’ back in 2016, it’s hard to disagree that the whole thing has been handled pretty badly from day one – so much so that the UK is now in the position where it will be leaving the EU on December 31 this year (when the 12-month transition period ends) and we’re still none the wiser about what exactly is going to happen.
It seems no trade deals have been agreed and everyone is still arguing in Brussels.
So we thought it was about time we updated our Brexit jargon-buster – here goes…
It’s been almost 18 months since we originally asked: Brexit – what’s next? Unfortunately, 18 months on, we’re still none the wiser.
Amazingly, the UK has actually left the EU – that happened on January 31, this year – and we’re now halfway through an 11-month transition period. But what does that mean? And what happens next?
Is your business ready for Brexit? The UK leaves the EU today – our get ready for Brexit checklist will help ensure your business is ready, come what may.
British businesses must get on with getting ready for Brexit, according to Sajid Javid, the UK chancellor.
The man in charge of the UK’s purse strings also warned that the Treasury won’t be lending any specific not lend support to manufacturers that favour EU rules as the sector had had three years to prepare for Britain’s transition.
Which is a bit of a U-turn from the government’s pre-election position, when the Conservative’s pledged to help businesses through the process.
If you’ve never heard of Sophos, you might be wondering how it’s just been bought for £3.1 billion – here’s everything you need to know about the takeover of the UK-based cyber security firm, and whether Brexit is behind the sale.
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