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The UK has been granted by the leaders of the European Union (EU) a new deadline of January 31 2020 to negotiate a deal before departing the European Union (EU).
The UK’s decision to leave the EU could have wide-scale implications for businesses across the industrial spectrum. Being prepared for Brexit and its impact on business operations is critical for business and trade leaders.
The BCCJ encourages all members to stay up-to-date with viewpoints issued by trusted business sources. Please find below a compiled list of up-to-date resources.
Brexit updates from UK Gov HERE
“Brexit Partnership pack: preparing for changes at the UK border after a no deal EU Exit”
Leaving the EU with a deal remains the Government’s top priority. This has not changed. However, a responsible government must plan for every eventuality, including a no deal scenario. We are intensifying and accelerating no deal planning to ensure we are fully prepared. We have published extensive advice on the steps that businesses and citizens may need to take to prepare for our exit from the EU. We have taken a number of steps to ensure people and businesses are prepared for a no deal scenario …
Full partnership pack available HERE
“Guides for UK businesses selling services overseas”
Prepare to sell services overseas | An overview of delivery, marketing and relationship-building for international traders in services.
Deliver services overseas | Advice for exporters on delivery of services from a UK or foreign market base.
Market your services overseas | Advice for exporters on the promotion of services.
“Public-facing market access service”
Launched on 5 Sept 2019 – a way for businesses to report trade barriers they face directly to the Departtment for International Trade. A trade barrier is something that slows down, limits or prevents a UK business exporting to or investing in an overseas market. They can affect businesses of all sizes and at all stages of exporting, even if you’re just exploring opportunities.
Ask a DIT rep if you think you’re facing a trade barrier.
“The UK: a great place for your business”
Every year, the Department for International Trade helps thousands of businesses get set up in the UK. The UK is the world’s fifth largest economy, and boasts low corporate tax rates, world-leading innovation and talent from world-class universities.
For information and support for Japanese companies looking to invest in the UK, read more HERE
British Chambers of Commerce
“Unanswered questions on no deal”
The British Chambers of Commerce (BCC) has published a list of twenty critical questions that remain unanswered for business in the unwelcome event of the UK leaving the EU without a deal.
Read list HERE
“Business Brexit Checklist”
The UK’s impending departure from the European Union will bring change for businesses of every size and sector. While some companies are already planning for the challenges and opportunities ahead, Chambers of Commerce believe that all firms – not just those directly and immediately affected – should be undertaking a Brexit ‘health check’, and a broader test of existing business plans.
Read more HERE
Explore the latest Brexit news with the CBI. With an information network that includes around 200,000 UK businesses of various sizes and industries, we provide a diverse range of news on Brexit and its implications. Our updates cover Article 50, hard and soft Brexit news and when the UK will leave the EU. We also create reports on related factors, such as the evolving UK-EU relationship, which you can find on the CBI site.
Read more HERE
Society of Motor Manufacturers and Traders (SMMT)
“Delivering UK Automotive Brexit Priorities”
This paper outlines key areas in delivering the UK automotive industry’s position on the UK’s withdrawal from the European Union. SMMT’s position remains unchanged in relation to the five main priorities in this paper and builds on previous work to provide focus on what next steps the government should take to deliver on automotive priorities.
Read more HERE
“Government launches its ‘Prepare for EU Exit’ hub”
On 8 January the government launched a new hub for no deal Brexit information on the .gov.uk hub, which has dedicated sections for businesses, individuals, UK nationals in the EU and EU nationals in the UK. This is accompanied by a new awareness-raising campaign via radio and social media. The web pages include a tool for filtering the technical notices, partnership packs and other guidance based on company sector.
Read more HERE
The Japanese External Trade Organisation (JETRO)
“What you can do now”
Make Brexit planning part of your overall business plan and integrate it into your operations. There are a few things you can do now to prepare your business for the UK’s departure from the EU.