As Brexit nears, no-deal with EU looks imminent

When this is published only 96 days will be left for the United Kingdom to leave the European Union. But the Theresa May government’s plans are still incomprehensible to the citizens. Ministers within the government are floating miscellaneous ideas and opinions. The new Brexit Secretary, Steve Barclay has said the possibility of a “no deal” with EU has increased and businesses should start preparing for this. The £4billion being spent on preparations seem to confirm this as an operational priority. The Department for Exiting the European Union has updated the technical notices and has omitted the word “unlikely” from the possibility of a no deal. Andrea Leadsom has speculated that if an exitdeal cannot be agreed upon, a managed alternative, a no-deal could be agreed on, something “that looks at a more minimalist approach”. Leadsom is the first minister to acknowledge that no-deal is a possibility. Lord Anthony Bamford, chairman of JCB England’s largest manufacturer of construction equipment, has written a letter to the Telegraph newspaper, confirming that in his experience dating from 1975, “there is nothing to fear from trading on WTO terms”. Bamford says businesses and ports will adapt to the new regulatory landscape.

The European Commission has also intensified preparedness for 29 March 2019, the “Brexit Day”, by implementing their No Deal Contingency Action Plan that includes 14 measures