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Brexit – Here We Go Again

The new Prime Minister of the UK, Boris Johnson, has taken up office following his decisive (66% : 34%) victory in the contest among Conservative Party members who were presented with a choice between him and the Foreign Secretary, Jeremy Hunt. He promised during the campaign to take the UK out of the EU by … Continue Reading

Brexit Insight From the EU-27: Czech Republic

The Czech government adopted the Act No. 74/2019 Coll., which aims to soften the possible negative consequences of a “no-deal” Brexit. The act is intended to be a temporary measure, and all the instruments within it will last only until the long-term measures are adopted. The act is to be effective from the day the … Continue Reading

An EU Analysis of Brexit

The EU-27 member states have been very carefully observing the UK domestic political manoeuvering and posturing this year. The predominant view in the EU-27 is that a managed “deal” scenario is far more preferable to a potentially chaotic “no-deal”. At the same time, precautions have been taken to prepare for a “no-deal” scenario. The EU-27 … Continue Reading

A Glimpse of the Mood in UK Politics

The mood in the Conservative Party is bleak. Many of the political challenges with Brexit can be traced back to the 2017 election. Prime Minister Theresa May lost her majority and was only able to retain power by making a deal with the Democratic Unionist Party (DUP) from Northern Ireland. The arithmetic in Parliament is … Continue Reading

Brexit: What Are the Options for the UK Now?

Procedurally, the UK has three options: Ratify the Withdrawal Agreement (with possible accompanying changes to the Political Declaration on the future relationship with the EU) before 22 May, and cancel participation in the European Parliament elections Ratify the Withdrawal Agreement (with possible accompanying changes to the Political Declaration on the future relationship with the EU) … Continue Reading

It’s April, and the UK is still in the EU – This is not an April Fool

Lord, what fools these mortals be – Shakespeare, Midsummer Night’s Dream Last Friday should have been the day the UK left the EU.  Instead the Westminster Parliament, in a rare Friday sitting, rejected the Withdrawal Agreement component of the Prime Minister’s Brexit deal by a substantial majority. What has happened? Parliament has imposed “indicative votes” … Continue Reading

Brexit Date 29 March 2019: Countdown for shipping goods from the UK and to the UK from Asia, Americas and Africa

Brexit is scheduled to become effective at the end of 29 March 2019 and will take place either with a Withdrawal Agreement or without one having been entered into between the UK and the EU-27. At this point in time it is possible that the Article 50 TEU notice is withdrawn by the UK Government. … Continue Reading

No-Deal Brexit and Contemplated German Temporary Permissions Scheme for Banks, Insurers and Financial Services Providers

As it stands, the UK will cease to be a member state of the European Union (EU) as of 30 March 2019. On 24 November 2018, the UK and the EU agreed to enter into a Withdrawal Agreement (the Withdrawal Agreement). The Withdrawal Agreement provides in Article 127 (6) that during a transition period from … Continue Reading

No-Deal Brexit and EU Commission Approach: General Principle of No Contingency Measures for UK Economic Operators

As it stands, the UK will cease to be a member state of the European Union as of 30 March 2019. On 24 November 2018 the UK and the EU agreed to enter into a Withdrawal Agreement. The Withdrawal Agreement provides in Article 127 (6) that during a transition period from 30 March 2019 to … Continue Reading

Navigating the Road Ahead: Cost of Sourcing Retail Products

The UK’s retail sector is one amongst many that will be significantly affected by the country’s withdrawal from the EU following a transition period.  Yesterday we are launched the first edition of the Quarterly UK Retail Brexit Trade Review. The Review contains economic, policy and legal analysis on the impact of changed trading terms and … Continue Reading

Yet Another Busy Week in the Brave New World of Brexit

On 28 February the EU27 produced a draft Withdrawal Agreement about which many have already written. Notably the UK had not previously produced its own draft (lawyers generally like to produce first drafts of documents as it gives control of the negotiation to them). To those of us unfortunate enough to live and breathe Brexit on … Continue Reading

General Election 2017

The Prime Minister of the UK has unexpectedly announced that she intends to hold a General Election on 8 June. Theresa May had repeatedly denied that she had intended to do so. She announced that she had changed her mind “recently and reluctantly” because “the country is coming together but Westminster is not”. Triggering a … Continue Reading
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