UK Tells Businesses to Prepare for BREXIT Crunch, “Let’s Get Going”

UK Tells Businesses to Prepare for BREXIT Crunch, “Let’s Get Going”

#BREXIT #UK #British #businesses #EU #trade #importers #exporters #travel

Britain is urging businesses and individuals to prepare for the 31 December end of the BREXIT transition frame with an information campaign titled: “The UK’s new start: let’s get going.”

Recall that Great Britain left the EU on 31 January, 3.5 yrs after a referendum, but a transition period has delayed any major change in the relationship.

The 2 sides have been working to agree a trade deal ahead of that period expiring at the end of the year.

Cabinet Minister Michael Gove said Sunday progress was being made in talks, but there were still divisions.

At the end of this year we are leaving the single market and Customs Union regardless of the type of agreement we reach with the EU,” he said. “This will bring changes and significant opportunities for which we all need to prepare.”

The information campaign will launch Monday, the government said, with ads appearing on TV, radio, billboards and online.

A survey from lobby group the Institute of Directors (IoD) said just 25% of companies were fully ready for the end of the transition period.

About 50% of 978 company directors polled in late June said they were not able to prepare right now, with 1 in 7 distracted by the C-19 coronavirus chaos and nearly 33% saying they needed details of changes to be clear, the IoD said.

The campaign targets Britons intending to travel to the EU from 1 January, importers and exporters, UK nationals abroad, and EU, European Economic Area and Swiss nationals living in Britain.

Have a healthy week, Keep the Faith!

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.