There are now… well, there should be two weeks until the official Brexit deadline on the 29th March. But all that is slightly up in the air at the moment.
Regardless, here is Freightabase’s latest news bulletin of any announcements around Brexit which directly impact the UK logistics industry.
- UK MP’s have resoundingly rejected a No-Deal Brexit, voting 321 to 278 to rule out leaving the EU without a deal. The motion has no legal force, but considerable political weight, particularly due to the rebellion of members in Theresa May’s own cabinet. A further vote scheduled for today (14th March) which will determine whether there will be a one-off extension to the Brexit deadline.
- The Freight Transport Association (FTA) has warned that the government’s contingency plans for a potential No-Deal outcome would bring trade to a standstill. A No-Deal exit is legally still possible, but the FTA have announced that Northern Ireland’s economy would be at a ‘distinct disadvantage’ when it comes to trading with Britain and Europe, if the plans were brought into effect.
- The Chancellor of the Exchequer has delivered his Spring Statement, which has been praised by the industry for being inclusive of the transportation industry. In line with the announcement, the FTA have published their own briefing paper to complement efforts and educate MPs on the intricacies of the sector. The Briefing Paper can be read at fta.co.uk/taxationbriefing
- The public accounts committee says it is not convinced that government departments are ready to leave the EU on 29th The report has criticised transport minister Chris Grayling for failing to secure the necessary freight capacity to move critical goods, and includes findings that the government received no written assurance of Seaborne Freight having a shipping partner until after the contract was signed.
More updates to come as developments continue.