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ARTICLE · 27 JULY 2016

Brexit And Construction: No Need To Panic

RWK Goodman
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It is just over 3 weeks since the UK voted for BREXIT and matters have been moving quickly, at least in the world of politics.

United KingdomReal Estate and Construction
Richard Bailey
Richard Bailey
Kieran Fano
Kieran Fano
Caroline Mathews (Trainee Solicitor)
Caroline Mathews (Trainee Solicitor)

It is just over 3 weeks since the UK voted for BREXIT and matters have been moving quickly, at least in the world of politics.

This article is written as part of a collection of articles in the GD Online special edition on BREXIT and examines the key issues in construction in the UK and the potential effect of the leave vote on construction law in England and Wales.

The first point to note from a legal perspective is that the referendum result is advisory and the status quo will remain until the Prime Minister invokes Article 50. The post-Article 50 negotiations will then have a significant bearing on the extent to which legislation derived from the European Union will be amended, maintained or repealed. Until such time that this is clarified the status quo will be maintained.

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