What was purported to be the United Kingdom’s most momentous parliamentary vote in a generation — the overwhelming rejection on January 15 of the ‘Brexit’ withdrawal agreement that Prime Minister Theresa May had negotiated with the European Union — has left business none the wiser about Britain’s future trading arrangements with the EU than they were before the vote.
Businesses Are Preparing for Brexit — and Bracing for the Worst
A year and a half after the original vote, the outcome is still uncertain.
January 18, 2019
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Summary.
Amid such persisting uncertainty, most UK and international companies operating in the United Kingdom are taking the only sensible course — preparing for worst-case scenarios. Given all this uncertainty, it’s worth revisiting the possible versions of Brexit and how businesses of different types could be affected by them. Unfortunately, the momentous rejection of the ‘Brexit’ withdrawal agreement that UK prime minister Theresa May had negotiated with the European Union (EU) has left business none the wiser about Britain’s future trading arrangements with the EU than they were before the vote.