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ARTICLE · 12 FEBRUARY 2020

Brexit – See EU Later

Little of the UK business environment will change on day one of Brexit, but uncertainties may take years to resolve.

European UnionGovernment, Public Sector

Little of the UK business environment will change on day one of Brexit, but uncertainties may take years to resolve.

Takeaways

  • Britain withdraws from the European Union as of 1 February 2020.
  • EU law will continue to influence UK law, but divergence in case law is possible over time.
  • Commercial agreements between the UK and EU states—including the status of the border of Northern Ireland—are yet to be negotiated.

As the clock ticks down to midnight on 31 January 2020 in Brussels and other parts of the EU, it is still 11 pm in London and the UK is an hour behind. As the Agreement on the Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community (the Withdrawal Agreement) takes effect, what are the implications for business, and how will the UK get ahead?

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