(Shutterstock)After hours of deliberation, the EU has agreed to extend the UK’s leaving date until 31 October 2019, but there is the option to leave earlier if a deal can be reached before this new deadline. Anna Tobin reports
The new cut off date was announced in the early hours of this morning. Prime Minister Theresa May said: “I have just met with Donald Tusk, the President of the European Council, where I agreed an extension to the Brexit process to the end of October at the latest. I continue to believe we need to leave the EU, with a deal, as soon as possible.
“And vitally, the EU have agreed that the extension can be terminated when the Withdrawal Agreement has been ratified — which was my key request of my fellow leaders. For example, this means that, if we are able to pass a deal in the first three weeks of May, we will not have to take part in European Elections and will officially leave the EU on Saturday, 1st June.”
Ensure your Business partners are ‘Ready for Brexit’ with the BrexSure Brexit audit tool
Download the Brexlist – your Brexit checklist for preparing your business for Brexit
There is information on how to set up a business in the EU in the Ready for Brexit Directory
Sign up now for all these Brexit business tools
NO DEAL BREXIT
ACTION PLAN
The No Deal Brexit Action Plan maps out the time available and the time required to undertake the processes to prepare your business for a No Deal Brexit.
Your business will need to modify or completely change procedures to prepare for Brexit. Brexlists help you take a rigorous and structured approach to your preparations:
- The Executive Summary Brexlist Brexit checklist, as its name implies, highlights the key issues
- The Business Functions Brexlist Brexit checklist maps onto the key business functions in a company
- The Directory Brexlist Brexit checklist maps onto the topic headings in our Brexit Directory
highlight what needs to be done, and by when, to ensure that all parts of your supply chain are prepared for Brexit:
- Identify the key questions for your business
- Share key learnings with your business partners
- Identify the key challenges and opportunities
- Highlight key internal and external priorities
BREXIT
DIRECTORY
The Brexit Directory is an extensive database of information and links organised by business function to help you find the information your business needs to know.