Preparing for Brexit: Deal or No Deal
This research must serve as a wake-up call to Government – business needs clarity and stability going forward, but that does not mean leaving the EU at any cost.
No deal would leave manufacturing facing tariffs on the import of goods and just in time delivery logistics would become inoperable. Furthermore, business would be unable to access the people to ensure British companies can fill vacancies where they have skills gaps or, send workers to the EU for service contracts and other commercial opportunities.
Stephen Phipson CBE
Make UK, CEO
A no-deal Brexit presents huge challenges to the UK’s manufacturing sector and the immediate implications for businesses in terms of cost and disruption will be serious. In particular, it is widely expected that many manufacturing businesses, particularly those that rely on just-in-time supply chains within the EU and those who may be impacted by the imposition of new tariffs, may scale back or close their UK operations.
Partner in the Brexit team at Squire Patton Boggs