At the time of writing (November 2018) Brexit negotiations are in full swing and the potential for a breakthrough ebbs and flows on a nearly daily basis. The Greater Birmingham Chambers of Commerce (GBCC) will be keeping this page up to date with the latest high level overview of Brexit negotiations.
At present, the Brexit timeline could shift significantly if the UK Parliament rejects the proposed Withdrawal Deal. We will update this page as more information becomes available.
For more information on the draft Withdrawal Deal and Political Declaration click here for “Brexit FAQs” from the British Chambers of Commerce.
Director of Policy & Strategic Relationships
As you can see there are a number of unknowns in the Brexit Timeline. If there is a “no deal Brexit” (i.e. the UK Parliament rejects the Withdrawal Deal currently on the table and is unable to negotiate a new one in time) there is still a risk that as of the 29th March 2019 the UK could leave the EU without any sort of deal. We would then move straight into being a “third nation” (in essence: no preferential market access at all – a “hard Brexit” scenario).
At the GBCC we are still confident that common sense will prevail and a Withdrawal Agreement will be reached in time to avoid this scenario however there is no denying that time is running out.
In addition, while businesses do want to know the terms of the UK’s withdrawal from the EU (and have confirmation that the proposed transition period will go ahead) it is the future relationship between the UK and EU that concerns many the most. This will provide the clarity that businesses need on market access, employment and more. The draft Political Declaration has provided some indication of the direction of travel, however it is very high level and all still subject to negotiation and agreement. Which, as we’ve seen with the Withdrawal Deal, is no easy business.
After months of seeming stasis in negotiations this is now a fast moving agenda but one that has yet to yield the clarity businesses need. Many businesses are not willing to take the risk and wait before starting to prepare, given how little time remains before the 29th March.
If your business is starting or accelerating its efforts to prepare for Brexit, you may benefit from completing your free GBCC Brexit Health Check. This tool uses the information you provide to create a bespoke report highlighting the Brexit related risks or changes that your organisation should be aware of, where to go for the latest information on key scenarios and tips and resources for preparing for Brexit.
The GBCC, along with the British Chambers of Commerce, continue to lobby stakeholders for more clarity for businesses on the future post-Brexit. Our GBCC Brexit Manifesto outlines what businesses need to see from both Brexit negotiations and domestic policy in order to best succeed and grow.
The GBCC has a wealth of information on businesses’ views on Brexit and the region’s relationship with the EU. Our Brexit Facts & Stats brings this all together in one place and is a great resource for those researching Brexit for business planning or policy purposes.
The Greater Birmingham Chambers of Commerce can help your business navigate Brexit:
If you would like: more information on how the GBCC can support businesses through Brexit, to provide a case study on your Brexit preparations, to recommend a speaker for a GBCC Brexit event, to request a GBCC speaker on Brexit or to enquire about sponsoring Brexit related research please leave your contact details below: