A statement on the next steps for the Brexit process from our chairman.
Bruce Potter, Blake Morgan Chairman, said: “Almost four years after the referendum and a year after we’d originally planned to leave, the UK can finally say with real authority that we have left the EU. That’s a huge boost for this new government and marks an important milestone, as well as the ending of months of parliamentary and political stalemate. To some extent, the initial political debate over Brexit now ends, but it enters a new and more significant period of challenge and change for politicians, policy makers, businesses and individuals.
“Recent government rhetoric suggests that we’ll diverge more than had been anticipated from EU standards on goods and services, which is likely to be a cause of more short term uncertainty, not less – and particularly for businesses. With the threat of a cliff edge no-deal at the end of 2020 still a real possibility, clarity is critical as soon as possible from the government – especially if the distance between our existing arrangements on everything from data and finance to fishing and farming is far greater than originally believed.
“As ever, our focus is on making sure our clients and customers are informed and protected, given the best advice and able to navigate the choppy waters 2020 will no doubt bring.”