Global traders know all about the Rules of Origin, they’ve been playing by them for years. EU traders don’t. They haven’t needed to for a generation. But that could be about to change. Here’s what you need to know about Rules of Origin.
Are you ready for No Deal by default? The wheels of UK politics and the judiciary could stop the UK from crashing out of Europe, but with 43 days left until the official leave day, No Deal and consequently no transition period is the default. Is your business ready for it?
The Prime Minister Boris Johnson is set to have parliament prorogued. Have you, like many SMEs and large businesses, put your Brexit work on hold in the hope that a satisfactory deal will get done in the next few weeks or that Brexit will be delayed again?
The UK Government is cancelling holidays and putting minsters and civil servants on high alert to prepare for a No Deal Brexit on 31 October. As the Financial Times noted today:“The country is now run by people utterly focused on delivering Brexit and resolute in their readiness for that departure to take place without a deal.”
New UK Prime Minister, Boris Johnson, said last week that the UK must leave the EU by 31 October, “do or die, come what may.” UK, EU27 and EEA companies now have less than 100 days to prepare for a No Deal Brexit. That’s less than 70 working days; less if you plan to take a summer holiday.
This is a dangerous time for businesses in the UK. We are entering the school holiday period, and the focus on Brexit is being diminished by a lack of resources and the distraction of sporting successes.