Brexit - Opportunity or Threat?
What does it mean for your business?
HOW WILL BREXIT AFFECT BUSINESS?
A GLOBAL TRADING VISION
BREXIT REQUIRES MANAGEMENT
How will Brexit affect your business?
THE UK HAS LEFT THE EU
Whether it will actually deliver what the UK government says it will remains to be seen in the coming months and years, but it marks an attempt to remove Northern Ireland as a hindrance to further trade negotiations.
The new Windsor Framework, which the government has negotiated, aims to address the difficulties that the original Protocol has caused, including concerns around democratic governance and Northern Ireland's place in the UK's internal market.
The new agreement aims to restore the smooth flow of trade within the UK internal market, safeguard Northern Ireland's place in the Union, and address the democratic deficit.
Current CPTPP members
The CPTPP: joining is a strategically clever move
With a population of 500 million people in the booming Asia-Pacific region, the CPTPP sets new rules for trade in areas such as services, investment, intellectual property, digital trade and state-owned enterprises.
The benefits for the UK are substantial. Access to the CPTPP would allow the UK to negotiate higher-level agreements with its members and replace existing terms of bilateral trade agreements, including the new Japan-UK Comprehensive Economic Agreement (CEPA). With market access to the CPTPP's highly open economies, UK industries can showcase their strengths in services and digital trade while building efficient supply chain networks.
The inclusion of innovative British industries will also help existing CPTPP members modernise their domestic economies, and success stories can be instantly communicated to other global markets thanks to the power of the UK media.
For Japan and other CPTPP members, the UK's accession would strengthen bilateral economic relations and expand their geographical scope of operation, making the CPTPP more global in nature.
Equally important, the UK's reputation as an open, free market economy and a solid democracy would help bolster the credibility of the CPTPP as an institution. All in all, the UK's decision to join the CPTPP is a smart and strategic move that sets the stage for greater economic growth and opportunity.
Understanding the UK economy
The Office for National Statistics (ONS) produce a series of dynamically updated charts that provide an excellent overview of the UK economy, covering the areas that contribute to economic activity. It incorporates the latest data releases, formatted in to a series of charts with a brief commentary about the details of the data.
Brexit has led to many discussions and arguments about the likely short-term and long-term economic impact of Brexit. Follow the UK economy's performance as the rebound from the Covid pandemic and the exit from the EU progresses.
Our Guide To Brexit On The Web
We have carefully curated a series of resources from around the web. They are designed to provide an excellent overview of the governmental, economic, business, legal and political issues that surround Brexit and the opportunities it provides.
Brexit Policy papers and consultations
Brexit and Northern Ireland
Hogan Lovells: Brexit hub
Norton Rose Fulbright: Inside Brexit
MOORE Kingston Smith: Brexit Hub
Institute of Directors
EY and Brexit
PwC: UK Trade. The New Agenda
KPMG: Future of international business
Deloitte: The new UK-EU relationship
Business West: Trading through Brexit
ICAEW: Brexit hub
How do other countries encourage SMEs to export?
Helping SMEs to navigate the path to easier and higher export performance is a key government aim around the world.
Find out how over 40 of our major export partners help their SMEs to export more, and encourage other countries to invest and export to them.
The economy since the Brexit vote
With the end of the transition period for leaving the EU now well in the rear view mirror, and with Covid-19 having had a significant impact on the economy, it is hard to make any meaningful assessment for the impact of Brexit on the economy.
Rather than trying to define any particular negative or positive effect, it might be better all round, and certainly less politically divisive, to focus on the opportunities that present themselves to business. Our guide provides a series of resources available to companies looking for particular insight, support or expertise in the issues that arise from Brexit.