Brexit

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Brexit represents the biggest disruption to business in a generation and will affect every business across all industries and sectors. Europe is on countdown to March 2019 when the UK will officially leave the EU. A potential transition period is still under negotiation. How and what that may look like has not yet been determined or clarified, and despite progress huge uncertainties remain. For a process that has been more political than commercial to date, it is important that a company with UK and European business interests has planned for a number of different outcomes and is prepared for a period of extended uncertainty. Companies will need to be flexible and ensure they have a range of options in place to protect their interests.


Our services include:

Assessment

Impact – Understanding the Economic Implications of Brexit

Having credible evidence to guide your business planning, investment decisions and any public outreach will be essential.

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Intelligence – Identifying Critical Information to Help Inform Decision Making

Keeping up to speed with the latest developments and being able to anticipate future developments is vital to making informed decisions for your business.

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Outreach

Influence – Involvement with the negotiating process

While Europe is on countdown to March 2019 when the UK will officially leave the EU, a potential transition period is still under negotiation. Nothing has yet been determined or clarified. Now is the time to engage both sides of the negotiating table to ensure the best outcome for your organisation.

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Engage – Managing your Public Position

Brexit cannot be ignored. Your ability to remain outside of the political discussions may not be possible once the commercial implications are made public. A diverse range of internal and external stakeholders will seek clarification as to how the business will respond.

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Preparing your business

Trade – Brexit and the UK’s future relationship with the EU and the wider world

As the UK Government and the EU27 progress phase 2 of the Brexit negotiations, focus shifts to the trading relationship between the two. With speculation continuing about what can be agreed before March 2019 and the need and length for an extended transition period, business and trade continues. But it needs clarity. With a mutual trading relationship worth an estimated €630 billion, much is at stake.

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People – The impact of Brexit on your team

Business has come to increasingly rely on the free movement of its work force across the European Union, to create a flexible employment market. Companies have been able to draw upon a larger employment pool of available talent to help drive growth and competitiveness.

Its success is evident. British business currently employs an estimated 2.1 million EU nationals, who together with their families and dependents account for 3.3 million people living in the country. Equally European business employs an estimated 800,000 Britons, a home to 1.2 million in total.

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Restructure – Preparing to make changes to your business structure

Brexit is an opaque process, more political than commercial in its outlook so far. However, as the negotiating process evolves and details are confirmed, business will need to adapt to the new commercial reality.

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