Alok Sharma, Secretary of State for Business, Energy & Industrial Strategy, has released a statement urging businesses to prepare for the UK’s new relationship with the EU.
Four years ago, the UK majority voted to leave the European Union, and now there is under three months remaining before the end of the transition period. This means that, whether the government is able to reach a trade agreement or not, there are bound to be massive changes to how businesses across all sectors have to operate outside of the single market and customs union.
These changes are due to effect:
- The way businesses import and export goods
- The process of hiring people from the EU
- The way businesses provide services in EU markets
“Unless you take action, there is a risk business operations will be interrupted,” the Secretary advised, urging business owners’ to also check that their suppliers and customers are making preparations.
What should you do?
The government have created a number of resources to help businesses get ready for the new year. To make sure you’re in the best position you should:
- Find out what actions you need to take with the government’s checker tool
- Sign-up for updates from the Department State for Business, Energy & Industrial Strategy
- Attend government webinars
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