Tag: <span>Brexit</span>

As a business owner, you’ll no doubt always be looking out for ways in which you can cut your overheads.

Switching utility suppliers is a tried and trusted method, as is regularly shopping around for business insurance, telephone and broadband deals, along with offering employees the chance to work from home – an effective way to cut energy office consumption and cut out the daily commute. If you’re concerned about staff missing out on meetings, they can always keep in touch via conference call.

So far, so good – but there could be an unexpected price hike on the way, as it looks like Brexit could be about to push up your business energy bills.

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If you’ve been following the latest business news, you’ll no doubt have heard about Seaborne Freight – a small (some suggest non-existent) business that has just been awarded a multi-million pound freight contract, should the UK leave with the EU with no-deal.

So, who are Seaborne Freight, and what is all the fuss about?

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The shambles that is the Brexit negotiations could soon be coming to an end, as Theresa May’s deal is due to go to the vote in Parliament tomorrow. But after all the talk of taking back control of our borders/sovereignty/blue passports/banana curvature, there appears to be one issue particular issue that is causing more problems than all the others combined – the Brexit backstop.

But what exactly is the backstop?

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Theresa May has been dealt a massive Brexit blow as her Chequers EU exit strategy was branded unworkable at yesterday’s Salzberg summit.

The prime minister was ‘ambushed’ by EU leaders at the end of yesterday’s summit, when EU leaders roundly and unexpectedly declared her plan would not work, increasing the possibility of a no-deal Brexit, which could leave the UK facing a very uncertain future.

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Global trade, and the UK’s ability to dictate its own terms to countries around the world, has become one of the potential positives of the Brexit campaign – once the UK leaves the EU it can, in theory, negotiate its own terms with every country it does business with.

The trouble is, if the UK doesn’t get a favourable deal with the EU, then this could affect trade with those countries right on its doorstep – but would that necessarily be such a bad thing? Or are we overplaying the importance of doing trade with our nearest neighbours?

Around the world News Small business

It’s just over two years since British voters took to the polls and gave the government the green light to leave the European Union, and since then all things Brexit have dominated the news.

The trouble is, even as Article 50 deadline day approaches – the UK is scheduled to the leave the EU on March 29, 2019 – we’re still no clearer on what Brexit will mean for consumers, householders, businesses, or anyone really, as those in favour (Brexiteers) and those against (Remainers) leaving the EU continue to point fingers and point out that neither knows what they’re talking about. None of which is doing the EU negotiations, or public confidence any good.

And it now looks like the government is going back to a pre-referendum ‘promise’ to get the public back on side.

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British businesses may have been dealt another huge Brexit blow with the news that the European Commission (EC) is advising businesses within the European Union (EU) to steer clear of using UK-made parts and components, because of a government decision to leave customs union.

Is this the EU looking to punish the UK? Or another legitimate problem that Brexiteers didn’t see coming or put down to scaremongering from Remainers*?

Around the world News Small business

The UK’s place in a customs union seems to be the biggest test facing those in charge of the Brexit negotiations – while the most hardline Brexiters seem to want the UK to cut all ties with the EU, Michel Barnier, the EU’s chief negotiator, has conceded that border checks within the UK may be necessary in the future as Brussels published a draft withdrawal agreement under which the Northern Ireland would effectively stay in the single market and customs union after Brexit.

But what is a customs union, and why does it matter?

Around the world News Small business