Despite a trade deal between the United Kingdom and Europe being reached, businesses in the food and drinks sector will face a plethora of changes in 2021.
On 24 December 2020, whilst most people were trying to finalise their Christmas shopping, the UK and the EU succeeded in finalising the post-Brexit trade and co-operation agreement.
You may be thinking…Brexit has already happened and so it has, but the real issues arise upon the ending of the transition period on 31st December 2020.
The issue of Brexit is still very much a moving feast, and while the government ‘Get Ready for Brexit’ website aims to help individuals and organisations – including charities – prepare, there is still much confusion from all sectors about what Brexit – in whatever form it may eventually take – will mean for them.
At the end of this month, the UK is set to leave the European Union. The Government still hopes for a deal but it remains to be seen whether an adequacy decision for the purposes of the General Data Protection Regulations (GDPR) will form part of that deal. If it doesn’t, or if the UK exits with “no-deal,” the UK will be a third-country for the purposes of GDPR in the remaining EU member states and Iceland, Lichtenstein and Norway (the additional countries that along with the EU form the EEA).
On 9 April 2019, the General Affairs Council had opted the proposed regulation amending Council Regulation (EC) 539/2001.
In our experience (mainly covering South East, including London) we have not seen a massive Brexit impact. We have seen a few transactions fall through that can be directly linked to the uncertainty in the market pending Brexit.
We surveyed 140 businesses across the UK’s key sectors, including banking and finance, property and agriculture to gauge the current market sentiment ahead of the UK’s anticipated date of exiting the EU
Laura Keatley, senior associate from our commercial property team speaks to Kent Business and comments on whether property is still a great investment as share prices continue to fall as a result of Brexit.
Senior Partner, James Partridge speaks to the Times of Tunbridge Wells and describes the impact that the Leave vote will have on businesses and looks at five key areas including commercial contracts, dispute resolution, employment, commercial property and data protection.
A large amount of the UK’s employment law comes from the EU, for example the Working Time Regulations, Agency Worker Regulations and rules on transfers of undertakings.
As a member of the EU the UK has to implement EU Directives in its own domestic law and court and tribunal judges have to interpret such laws in accordance with the objectives behind them and consistent with rulings by the European Court of Justice.