Tag: <span>Brexit</span>

It’s just over two years since British voters took to the polls and gave the government the green light to leave the European Union, and since then all things Brexit have dominated the news.

The trouble is, even as Article 50 deadline day approaches – the UK is scheduled to the leave the EU on March 29, 2019 – we’re still no clearer on what Brexit will mean for consumers, householders, businesses, or anyone really, as those in favour (Brexiteers) and those against (Remainers) leaving the EU continue to point fingers and point out that neither knows what they’re talking about. None of which is doing the EU negotiations, or public confidence any good.

And it now looks like the government is going back to a pre-referendum ‘promise’ to get the public back on side.

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British businesses may have been dealt another huge Brexit blow with the news that the European Commission (EC) is advising businesses within the European Union (EU) to steer clear of using UK-made parts and components, because of a government decision to leave customs union.

Is this the EU looking to punish the UK? Or another legitimate problem that Brexiteers didn’t see coming or put down to scaremongering from Remainers*?

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The UK’s place in a customs union seems to be the biggest test facing those in charge of the Brexit negotiations – while the most hardline Brexiters seem to want the UK to cut all ties with the EU, Michel Barnier, the EU’s chief negotiator, has conceded that border checks within the UK may be necessary in the future as Brussels published a draft withdrawal agreement under which the Northern Ireland would effectively stay in the single market and customs union after Brexit.

But what is a customs union, and why does it matter?

Around the world News Small business