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ARTICLE · 10 SEPTEMBER 2018

Brexit And The Supply Chain

Gowling WLG
Gowling WLG
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Gowling WLG

Gowling WLG

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Brexit will have an impact on most supply chains.

European UnionGovernment, Public Sector

Brexit will have an impact on most supply chains.

This article is intended to help you identify where your key risks are and what you should do. We focus on UK businesses which trade with the risk of the EU, but we also comment on trading with the rest of the world.

Currently it is unclear what Brexit means and when it will impact. Current credible options include a hard Brexit, a soft Brexit or even no Brexit. Brexit could impact businesses as early as 29 March 2019 (when the UK will leave the EU), or it could take place on 1 January 2021 (if the UK and the EU agree on the proposed transition period) or if the UK and EU agree it could be some other time.

This means businesses need to plan for both a hard Brexit and a soft Brexit - with a hard Brexit presenting the most risk of change to supply chains.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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