Brexit News

As Brexit looms, Ireland remains a primary target for business expansion

Tuesday, September 18th, 2018

By Kevin Butler | Managing Director There has been a lot of worry about Ireland’s economic future in the aftermath of United States corporate tax cuts. Ireland became a mecca for US multinationals partly because of its low corporate income tax rate. Will the island nation still attract jobs and foreign investment? The concerns are overblown. […]

Cross Border Trade: Contingency Planning for a No Deal Brexit

Monday, September 17th, 2018

By Paul Hardy, John Forrest, Chloe Barker. The UK government has published a collection of technical guidance notices to assist companies trading in or with the EU to prepare for a “no deal” Brexit scenario, whereby the UK leaves the EU on 29 March 2019 without an agreement in place to govern the future UK/EU […]

A “Gross betrayal of Democracy” ?

Tuesday, September 4th, 2018

The UK Prime Minister, Mrs May, writes today that to have a second Referendum in the UK on Brexit would be “a gross betrayal of democracy”. If she believes that, she does not understand democracy very well. She seems to suggest that democrats, having made a decision, should not ever change their minds. In fact, […]

Can Brexit Take Place Without Either Major Trade Disruption, or Serious Dilution of the EU Legal Order?

Monday, August 13th, 2018

BY JOHN BRUTON Brexit is a British decision. It means that Britain is seeking to withdraw from a contract it made with the other EU members, on the basis of which those countries opened their markets to British business, in a way it was not opened to other countries. That was the deal. In business, if […]

UK Government proposes broad new powers to scrutinise foreign investment into the UK on national security grounds

Monday, July 30th, 2018

The UK Government has proposed sweeping changes to the way that it reviews foreign investment into the UK. The proposed new regime would enable the UK Government to intervene in a much wider range of transactions from acquisitions of shareholdings to investments in assets and land (including minority investments and acquiring limited rights in companies […]

Brexit: European Commission publishes Communication on preparing for the UK’s withdrawal from the EU

Thursday, July 26th, 2018

The European Commission has today adopted a Communication outlining the ongoing work on the preparation for all outcomes of the United Kingdom’s withdrawal from the European Union. On 30 March 2019, the United Kingdom will leave the EU and become a third country. This will have repercussions for citizens, businesses and administrations in both the […]

General Affairs Council (Article 50): Main Results

Tuesday, July 24th, 2018

The Council, in EU27 format, was briefed by the EU’s chief Brexit negotiator Michel Barnier on the state of play in the Brexit negotiations. The chief negotiator informed the ministers about where the negotiations stand regarding: the work to finalise the withdrawal agreement, including the backstop solution for the border between Ireland and Northern Ireland the discussions on future EU-UK […]

EY UK economic forecast

Monday, July 16th, 2018

The UK economy will experience tepid growth in 2018 due to a combination of higher inflation, reduced consumer spending and a loss of momentum in the eurozone economy. Our latest summer forecast expects UK GDP to grow by 1.4% in 2018 (the weakest performance since 2012) and 1.6% in 2019 (downgraded from 1.6% and 1.7%, […]

The weekly Vulcan View for the 9th to the 13th of July featuring analysis of the latest EU developments

Friday, July 13th, 2018

VULCAN VIEW – KEY EVENTS THIS WEEK: BREXIT Theresa May’s softer Brexit plans thrown into disarray by prominent resignations.Theresa May’s conservative government encountered a wave of resignations this week in the aftermath of her cabinet showdown at Chequers last Friday. Brexit secretary David Davis was the first to resign.  He announced his resignation, accompanied by his junior […]

Eversheds Sutherland Financial Services Brexit Round Up week commencing 9 July

Wednesday, July 11th, 2018

By Andrew Henderson | Michaela Walker Over the last week the UK cabinet has concluded its negotiations with itself in respect to what kind of deal it is going to seek with the EU, a deal which, in the words of HMG, has “evolved” since the Prime Minister’s Mansion House speech1. We have seen a brief summary of […]