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Retail, Food, and Hospitality Brexit round-up 24 March

27 March 2019
Brexit Flags
We know that Brexit is one of the key issues you need to keep abreast of in order to plan for the future of your businesses. This dedicated weekly update will help you stay ahead.

Key take away this week

Every day is leading to a new Brexit development.  Whether it is Parliament taking control of the process through indicative votes or the infighting in the Conservative party as people position for a change in leadership.  Even with the now longer first deadline for Brexit day, the position remains unclear for us all and now more than ever all options appear on the table.


Brexit Developments

UK EU Exit date postponed: The EU exit date under Article 50 has been postponed by agreement (as an international treaty) between the EU and the UK Prime Minister until 11pm  on 11th April in the absence of UK agreement to the withdrawal and future partnership proposed agreements. There is potential for a longer postponement for a clear purpose, subject to taking part in EU parliamentary elections. The agreement between the UK and EU will apply even if parliament does not pass the necessary Statutory Instrument to amend the UK Withdrawal Act. If the UK does agree the withdrawal and future economic partnership agreements then EU exit will be postponed to 22nd May.  EU Council 22nd March > EU Council > UK letter accepting EU extension offer > UK Postponement request > PM speech to EU Council > PM speech 20th March >  EU Chief Brexit negotiator statement 19th March >  Business comment: Business Europe > Confederation of British Industry and Trades Union Congress >

UK continues to press ahead with continuity trade agreements:
 The Department for International Trade has published an updated list of existing EU third country trade agreements where continuity following Brexit has been agreed. Agreement has been reached with CARIFORUM representing the Caribbean countries. View >View >  The Scottish Government has written to the Prime Minister expressing concern that the Democratic Unionist Party may be given disproportionate influence in future trade negotiations. View >Conservative – DUP agreement >


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Further Reading