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Brexit: The Saga Continues

17 January 2019

by Megan Walsh

It's been a long two-and-a-half years. After the EU referendum of 2016 we have relentlessly listened, watched and read about Brexit and its possible effects on the global business market. 

Since it was revealed that Britain would leave the EU, each passing week has brought with it an unexpected turn in the never-ending Brexit labyrinth - and this week’s meaningful vote was no different.

On Tuesday, Theresa May and her much-debated withdrawal deal received yet another blow, in what has proved to be the worst government defeat in parliamentary history.

Her European Union withdrawal plans were rejected by a staggering 432 to 202 votes - a record-breaking majority of 230. This caused the Labour Party to table a vote of no confidence in the Tory government, which took place last night at the House of Commons. 

The PM and her government survived the vote, winning by a 325 to 306 majority, but this week’s events have caused yet more chaos and once again the state of Brexit has been left hanging in the balance. However, with just 71 days until the scheduled EU exit date, important decisions must be made. 

Where do we go from here? 

The list of possible outcomes seems to be endless. Some are preparing for the dreaded “no-deal” scenario, while others cry out for the so-called “People’s Vote”. Many have started to question if there will even be a Brexit at all. 

We could spend hours debating the latest twist in the tale and what it could mean for the fate of Brexit, but the unanimous take-home is that Parliament seems to remain confused about what it wants from its relationship with the EU.

And, whatever outcome Brexit may deliver, it goes without saying that times could be about to change for UK businesses – changes that will take immediate effect if Parliament is unable to secure a withdrawal deal from the European Union.

But while times are indeed uncertain, Oliver James Associates is here to guide and assist you during this period. Having successfully navigated through two major recessions, we have the necessary experience to properly prepare our clients for Brexit – whatever the outcome.

As a trusted consultancy partner to our clients, we are here to offer our honest industry advice and help you understand any changes that may occur in the labour market.

For some of you, Brexit planning will be well underway. But with so much ongoing ambiguity, many of you will be left struggling to secure a recruitment strategy that will confidently drive your business through this time of change.

We can help – our in-house expertise has equipped us with the knowledge to fully understand the specific recruitment needs around your Brexit strategy. And as the UK edges closer to its departure from the EU, we encourage you to come forward with any questions you may have.

If you have any queries, or would like to discuss your options with a member of our team, don’t hesitate to contact uk.compliance@ojassociates.com