On June 23, 2016, the United Kingdom voted to leave the EU. While the notice period required means that the actual British exit (or 'Brexit') date is unlikely to be before 2019, there will be both long and short term implications for UK and international businesses and of course, the wider UK economy. Some of the immediate challenges for businesses will arise from the impact of Brexit on the free movement of goods, services and employees. There are also likely to be concerns regarding the protection of IP rights and new laws which will be introduced or amended to fill the holes left by EU legislation that no longer applies to the UK. Forward planning is, therefore, key.
Having listened to the concerns of our clients and anticipating what this will mean for the sectors in which we operate, we have prepared a set of briefings. These consider the implications and practical steps to take now that a 'leave' vote has been confirmed. Additionally, we have a team of contacts who can discuss the subject directly with you and offer further guidance. If this would be helpful, please do get in touch with one of our team.