Understanding the implications of Brexit

Tuesday 05 July, 2016

Following the referendum in June 2016, Britain has voted to leave the European Union. Arguably, this is the biggest issue facing business in a generation. The impact of Britain’s exit and the way that it is managed will shape our economy and our relationship with the rest of the world for the long-term.

Weber Shandwick can help you understand the political and economic implications, the form of settlement that might be undertaken, and help you shape the detail to limit the downsides and maximise any upsides.

It’s essential that you gain a thorough insight into the exit process and how it might impact on your business and the markets in which you operate. Not doing so risks leaving you exposed to some profound long-term changes.

Weber Shandwick’s experts are ideally placed to advise you through this continually evolving situation and ensuring that you act proactively rather than reactively. We have offices across the UK, major offices in European capitals and a Brussels team dedicated to helping you understand the EU institutions and how they impact your business. We are also located in the other major trading blocs worldwide.

The exit – 10 questions we can advise on:

  • What is the timing of the Britain’s departure from the European Union?
  • What is the future trading relationship between the UK and EU and what existing EU rules will Britain have to accept?
  • How does that new relationship support or hinder other trade talks, for example TTIP?
  • How quickly can the UK establish its own trade deals and what form will they take?
  • What pieces of EU legislation will the government immediately translate into UK law and what are the opportunities for business to articulate a view on them?
  • What will the process of consultation look like on UK created regulation?
  • What happens to the government’s legislative agenda with a new Prime Minister and a Parliament distracted by the EU?
  • Which existing UK institutions will be strengthened and what new institutions will be created to oversee areas no longer under jurisdiction of the EU?
  • What are the constitutional questions resulting in leaving the EU and will it lead to the breakup of the UK?
  • Where does Britain’s departure leave the EU and will it be a trigger for further referenda and exits?

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