As Brexit approaches on 29 March 2019, only months remain for the UK government and the EU to sign a withdrawal agreement, ratified by both the UK Parliament and European Parliament.
Without a concrete agreement established under Article 50 of the Lisbon Treaty, Brexit would result in a no-deal scenario, forcing the UK to leave the EU and become a third country without the proper framework in place for a future relationship between the separated entities.
Although the government remains confident that a deal will take place, it recently announced that the shrinking time frame calls for proper preparation for a no-deal scenario, publishing a series of articles and 25 technical notices containing industry-specific guidance. The publications highlighted several broad areas in which significant changes could result from a no-deal scenario, including credit card crisis, medicinal hurdles, produce problems, business barriers and issues with ongoing scientific research.
This News Brief briefly summarises each of these areas of potential change.
Read more: Government Releases Guidance for Possible No Deal Brexit
