Customs checks to be relaxed in no-deal Brexit scenario

Businesses that import goods from Europe will not have to make immediate declarations to customs in the event of a no-deal Brexit, the Government has revealed. The new guidance from HMRC claims importers will file a simplified online form up to two hours before a...

BoE forecasts slow growth for 2019

The Bank of England has downgraded its growth forecast, predicting the most sluggish year in the UK economy since 2009. It expects GDP growth of 1.2% in 2019 - down from the forecast of 1.7% made in November 2018 - citing the impact of Brexit uncertainty and a slowing...

More firms prepare for no-deal Brexit

Businesses are still bracing themselves for a no-deal Brexit, despite a parliamentary vote against this outcome. On 29 January 2019, MPs voted to rule out leaving the EU without a deal, and in favour of renegotiating the proposed withdrawal agreement. The UK is...

Businesses warn against no-deal Brexit

Business groups have called for politicians to work together to avoid leaving the EU without a deal, following Parliament's historic rejection of the Government's Brexit proposal on 15 January 2019. MPs voted 432 votes to 202 to reject Prime Minister Theresa May's...

Brexit uncertainty knocks SME confidence

Small business confidence has fallen to its lowest point since 2011, amid continued uncertainty surrounding Brexit negotiations. According to a survey by the Federation of Small Businesses (FSB), SME confidence fell to -9.9 in the last three months of 2018. This...