Preparing for Brexit is a key concern for SME’s; the CBI has been hearing their main concerns and what actions some members are taking
As the UK and the EU rapidly approach the looming deadline of 31 December, CBI members assembled for a virtual Member Discussion to hear the latest developments in the ongoing negotiations on the future relationship; and to hear from fellow CBI members about some of the actions they’ve had to take to ensure their firms are as prepared as possible for the end of the transition period.
As we approach the deadline for the end of the transition, it’s evident there are outstanding issues of contention. Namely, these include EU access to UK territorial waters, governance issues, and matters pertaining to a ‘level playing field’. Both sides have remained adamant that they want a deal that works in both sides’ best interests, but the possibility of No Deal remains a real one. The UK government’s public pronouncements have hardened since the summer, and the EU have reciprocated that they want a deal,