Following last week’s staggering situation where we had the Prime Minister urge Parliament to vote against her EU exit deal, so she could go back to the negotiating table in Brussels, the Brexit clock continues to count down towards no deal.
And now that Nissan has cited all this Brexit uncertainty as the reason behind its decision to pull a lucrative contract from its main UK plant in Sunderland, not to mention the other businesses who are moving from the UK or scaling back operations, it looks like it could be bad news for business.
Here’s how a conference call could help solve at least some of your potential Brexit-based business woes.
What are the implications of a no-deal Brexit?
Although no-one really knows what Brexit will mean for the UK, all the warning signs are that it’s not going to be good news – especially when you consider newspapers like The Times are running stories about the introduction on martial law in the UK, and the evacuation of the Queen in the event of civil unrest following a no-deal exit.
Some of the possible worst case scenarios include:
- UK products could face tariffs if sold into the EU, which will mean some UK producers will no longer offer competitive prices when facing these tariffs, especially compared to EU producers. Even worse, tariffs on goods, and restrictions on services, will also apply to those countries the EU has a current trade agreements with, if the UK fails to replicate them – for example there is likely to be no agreement with Turkey. This could even lead to some ceasing production completely
- Any UK products which require testing to be placed on the EU market will need an additional test carried out within the EU, as a UK test will no longer be sufficient. This will add costs to production, which could make UK goods even less competitive.
- With no customs cooperation between the UK and EU, products are therefore likely to take more time to go through customs checks.
- UK service providers will not have the right to sell certain services across the EU, particularly direct from the UK, and may even have to set up new offices in the EU – an absolute disaster for small businesses.
- Many UK based staff will not have the right to work across the EU, meaning anyone from tour reps for UK travel companies to medical staff could lose their jobs and need to be replaced by other EU citizens.
- UK haulage companies may no longer be able to carry loads between EU destinations, and could for the short term only carry from UK to an EU destination and return. This will make them uncompetitive to EU hauliers.
Of course, none of this is certain, but it’s a distinct possibility unless some arrangements can be met over the coming weeks. And the worst thing is, there’s no real way for businesses to prepare for it.
One slight bit of good news is that our easy to use conference call service could at least help out with any communication worries you might have.
How conference calling can help with no-deal Brexit problems
In the immediate aftermath of a no-deal Brexit, you may struggle to get the flights you need to meet with international colleagues and clients. The good news is that our international conference calling service means you’ll be able to stay in touch with up to 100 business interests abroad, at any one time.
Setting up an international conference call is as easy as organizing an local conference call. You can invite participants from any country you wish. ConferenceCall.co.uk provides dial-in numbers in 72 countries, more than any other conference calling provider in the UK
If a participant’s country isn’t listed here, simply ask your colleagues or clients to dial our worldwide dial-in number +44 843 373 0999.