articles: Brexit

Powered by people and technology in 2018: the technology sector view

Our survey, completed by 652 business leaders from across the UK, reveals remarkable resilience amongst owner managed businesses (OMBs) with many performing better than expected last year. This view is shared in the tech sector where businesses have more confidence this year, reflecting recovery from the Brexit referendum result. 75% of technology OMBs are somewhat or very confident about the general outlook for 2018 – up from 67% in last year’s survey.

The future of regulation in the shadow of Brexit

With the Prime Minister Theresa May indicating that there is insufficient time to replace European bodies with a new British regulatory regime, the implications of Brexit look to have limited short term impact on Financial Services regulation. However, beyond March 2019, what would a hard or soft Brexit look like in terms of future regulation?

Autumn Statement reasserts public spending efficiency targets to 2020

Despite a tumultuous few months since George Osborne’s eighth and final Budget back in March, the Autumn Statement, delivered by the new Chancellor of the Exchequer, Phillip Hammond, bought about few surprises. Perhaps the biggest twist of all was the announcement that the Autumn Statement shall actually be abolished altogether, giving way to an annual Spring Statement which will put an end to biannual policy changes. 

Brexit and its impact for charities

The Brexit decision has been hotly debated, with everyone evaluating how this will affect them. The charity and not-for-profit sector are amongst those who have spoken out over the past few days. In particular, they all want to ensure that their levels of funding can be protected to ensure their beneficiaries are supported, and that children and other vulnerable people continue to feel safe and secure.

Brexit – one week on

Last Thursday the British people made (in the Prime Minister’s words) a ‘very clear decision’ to leave the European Union. Last Friday they asked themselves (and each other) ‘What happens now?’ And it turned out that nobody knew. So where are we one week on?

The referendum result – its impact on the UK tax system

How will the result of the EU referendum affect the UK’s tax system?

In the short term, the answer is ‘not at all’. For the moment, and probably for most of the next two years, the UK will continue as a member state of the EU, and EU rules will continue to have effect in the same way as at present. In the longer term, however, there may be significant tax changes, in addition to the alterations in customs duties on trade with the EU and third countries that are implicit in leaving the single market, and which have been debated at length during the referendum campaign.