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Brexit Bulletin – December 2018
Brexit Bulletin – December 2018

Welcome to the fourth monthly Brexit Bulletin from the BPIF. Keeping up with the ever-changing situation in Parliament (while getting our Christmas shopping done!) is proving a challenge. Highlights this month include news on travel in the EU post-Brexit and some tips for managing currency risk.

You can add colleagues to our mailing list by logging into the members' area of the BPIF website or contacting your Regional Director.

Thanks again for all your input, and see you in the new year for more Brexit news and views...

In this month's Bulletin:

1. Brexit update
2. Brexit and print in Parliament
3. Managing currency risk
4. Post-Brexit travel
5. Latest publications 
6. Contact us

Brexit update
The vote on the Withdrawal Agreement was delayed by the Government last week, but has to take place by 21 January 2019. With the vote still likely to be lost, the Prime Minister's key aides have spent the weekend distancing themselves from reports that they're planning for a second referendum. But what are the other options? A no-deal Brexit of course, a deadline extension and renegotiation - perhaps more towards a Canada or Norway-style arrangement...and of course, the possibility of a Conservative leadership election and potentially a general election.

Sky News has a handy (if necessarily complicated) ‘what happens next?' flowchart.


Brexit and print In Parliament
The All-Party Parliamentary Print Group met on 3 December, and were circulated a special briefing regarding the impact of Brexit on print. The briefing includes member views and key facts on the print industry and we hope it will help inform parliamentarians - whatever happens next!

To find out more please click here.


Managing currency risk 
Following the postponement of the Brexit vote, the pound fell sharply again - it slumped to a 20-month low against the US dollar and an 18-month low against the euro. In fact, Brexit is the key factor contributing to the weakness of sterling, and the continuing uncertainty means exchange rates are likely to remain volatile. With a weaker currency making imports more expensive, you've voiced concerns about rising costs - so we've put together some tips to consider.

To find out more please click here.

 

Electronic permits for post-Brexit travel 
The European Commission has this month confirmed that visas will not be required for UK citizens to travel to EU countries, on short term visits, after Brexit. However, you will need what's called an ETIAS (European Travel Information and Authorisation System) document.

You'll be able to apply online (much like the US ESTA system) and it's likely to cost €7 every three years.

To find out more please click here.

 

Latest publications 
If you're looking for some holiday reading, here's the latest Brexit publications we think are interesting.
To find out more please click here.

02 January 2019

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For more information please contact:
Carys Davis
Carys Davis
Public Affairs Consultant
020 7915 8373
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