Trading on WTO rules is cited as one the main problems the UK will have to deal with if it leaves the EU without securing a deal – but what exactly are these rules? And would it be such a disaster?
Tag: business
Following last week’s staggering situation where we had the Prime Minister urge Parliament to vote against her EU exit deal, so she could go back to the negotiating table in Brussels, the Brexit clock continues to count down towards no deal.
And now that Nissan has cited all this Brexit uncertainty as the reason behind its decision to pull a lucrative contract from its main UK plant in Sunderland, not to mention the other businesses who are moving from the UK or scaling back operations, it looks like it could be bad news for business.
Here’s how a conference call could help solve at least some of your potential Brexit-based business woes.
There are few things that polarise the nation quite like Brexit – but no matter what side of the fence you sit on, there’s no denying that the UK’s exit from the EU will affect the value of the pound.
Here’s the story so far…
Dyson has announced that it is moving its headquarters from the UK to Singapore. The move will see Jorn Jensen, the chief financial officer, and Martin Bowen, chief technical officer, move to Asia, but the appliance manufacturer insists no jobs will be affected in its current head office in Malmesbury in Wiltshire.
The company insists that the move is nothing to do with Brexit or tax – chief executive, Jim Rowan, said: “It’s to make us future-proof for where we see the biggest opportunities.” – but it’s hard not to be at least a little skeptical and very cynical, given that Jeremy Dyson, the founder and figurehead of the company, is a fully paid-up, drum-beating Brexiteer.
As expected, Theresa May’s Brexit deal was voted down in the House of Commons last night – losing by a massive 230 votes, the biggest ever margin.
So, what happens now?