Brexit: What are the opportunities?

Dawn on 24 June 2016 saw, as well as a new day, the start of a new era. Britain voted to leave the EU, and the Prime Minister  tendered his resignation.

With the ‘Leave’ campaign mustering 52% of votes cast, the decision has been made, and now, naturally, thoughts turn to the future. What does this mean for businesses and individuals in the UK? In truth, nobody yet knows. With such a range of economic and social drivers in play, it is virtually impossible to accurately predict the future based on past experience. Now, more so than ever.



On 8 December, a last-minute deal on the key issues of the Irish border, citizens’ rights and the ‘divorce bill’ settlement was agreed. This means that talks can move onto the next phase, dealing with trade between the UK and the EU post Brexit and the all-important transitional arrangements.


With this agreement, talks are now free to continue onto the future trading relationship between the EU and UK.  With so many options and many more complex issues still to be decided, further negotiations will begin in the coming months . Key issues for business will be the transitional arrangements that are likely to be in place for at least two years after March 2019.

As Churchill said “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning”.

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Each month we will be interviewing our legal experts on various aspects of Brexit. These interviews will be available on our blog. If you'd like to submit a question for consideration in these interviews, please complete the form, below.