Is your business prepared for Brexit?

The UK left the European Union on 31 January 2020. We know that the uncertainty around Brexit has made it difficult to know how to prepare, but our expert team will help you to put practical steps in place to make sure your business is ready during the commencing transitional period.

Our team of Brexit advisors offer in-depth analysis on the political, policy and legal implications of Brexit and how it will affect your business.

We specialise in a wide range of sectors and can help to answer big questions about Brexit and the preparations businesses should make, including:

  • What your business should do in the event of a no-deal Brexit?
  • How will the transitional period between Brexit and the entry into new UK-EU trade agreements affect you?
  • How will any long-term new trade agreements affect you?
  • What contingency plans will you need in place for each potential Brexit Scenario?

Our team of advisors can provide bespoke assessments of your business, including:

  • Assessing how your business could be affected by Brexit
  • Providing personalised practical plans to ensure your business is ready

We've also developed FBCMB sector specific regional tube maps, where you see the potential threats and issues which will affect your business. The 'lines' include international standards, EU rules, opportunities, people and trade. On each step of this journey you will need advice and our team are on hand to provide it.

It is already clear, that you or those you supply are not going to enjoy the same access to the EU's Single Market under a trade agreement as you did while the UK was a member of the EU.

The main threat you face is uncertainty about the outcome. Nonetheless, you need to assess the impact of a worst-case-scenario Brexit now and have in place contingency plans which are flexible enough to respond to developments in the negotiations.

Our team can help you with all that you need in four steps:

  1. Information - You need to have procedures in place to ensure you are well-informed about the Brexit process. Relying on press reports won’t be enough. Understanding and forecasting the likely impacts are fundamental to your Brexit strategy to gaining early competitive advantage. FBC Manby Bowdler will give you with a tailored service which monitors progress, analyses published documents, and identifies the impacts for your business the moment they become clear.

  2. Preparation - Prepare for Brexit with and without a deal. To do so, businesses should carry out a Brexit legal impact assessment followed by a Brexit commercial impact assessment. These will form the baseline of any contingency measures. 

  3. Action - You should decide what contingency plans you need and when they should be activated. You might be marginally or massively impacted. Contingency measures could include setting up alternative supply chains, identifying new customer markets, or re-skilling employees. FBC Manby Bowdler has been at the forefront of advising clients on the commercial implications of Brexit. We have the experience to help you devise and implement contingency measures for your business, and stress-test them against a range of Brexit scenarios, whatever industry you operate in.

  4. Influencing - The best way to avoid a Brexit that damages your business is to influence the outcome yourself. Brexit provides an opportunity to do that, which businesses should exploit more. FBC Manby Bowdler has the benefit of advisers in Brussels and London. We can devise and implement policy advocacy strategies to influence the course of further Brexit negotiations, the negotiations on a new trade agreement and build long-term regulatory compliance strategies, including relationship-building with key influencers and government authorities.

Our team of experienced sector specialists has examined the potential impact of Brexit in your sector and can provide an in-depth analysis on the political, policy and legal implications of Brexit, and translate what they mean for manufacturing, agricultural and hospitality clients. We have an expert understanding of how each piece of the jigsaw of EU policy and legislation fits together, an insider’s knowledge of the political and administrative processes of the negotiations, and considerable experience of how UK legislation is enacted. 

Lawyer who coined term Brexit joins FBC Manby Bowdler

10/01/2019

The man who first coined the term ‘Brexit’ has joined FBC Manby Bowdler to offer businesses expert advice on the UK’s withdrawal from the EU.

Peter Wilding – a corporate lawyer specialising in EU law and former EU media and policy director for the Conservative Party – has joined the firm as its Brexit adviser.

Mr Wilding, who lives in Church Stretton, is officially credited by the Oxford English Dictionary with first coining the term in May 2012 – eight months before the then Prime Minister David Cameron announced plans for a referendum on the issue.

He will now use his expert knowledge to advise clients across multiple sectors on the implications of Brexit to them and their businesses.

Mr Wilding said: “I am delighted to join such a dynamic and forward-thinking firm as FBC Manby Bowdler. Brexit will not only affect our clients but most businesses in this vital economic centre of the country.  To prepare for the worst and plan for the best scenarios, anyone in agriculture, manufacturing and hospitality needs to Brexitproof themselves urgently.”

FBC Manby Bowdler Managing Partner Kim Carr said Mr Wilding’s appointment came as the practice was being inundated with queries from clients looking to find out more about how Brexit could affect their business – and advice on how they could combat the current uncertainty.

“We are receiving inquiries on a daily basis from clients, particularly in the manufacturing, agriculture and leisure and hospitality sectors, who have a huge number of questions they want answering concerning Brexit.

“There can be nobody better placed to offer our clients expert advice on all aspects of Brexit than Peter, the man who first invented the term. He has been at the heart of the EU withdrawal process throughout the last few years and our clients will now be able to benefit enormously from his extensive knowledge.”

Mr Wilding has spent 25 years working in European affairs and is the founder of the Influence Group which advises UK businesses on European policy.

He first used the word Brexit in a blog post reacting to the possibility of a Greek exit from the EU.

He wrote: “Unless a clear view is pushed that Britain must lead in Europe at the very least to achieve the completion of the single market then the portmanteau for Greek euro exit might be followed by another sad word, Brexit.”

He has practised in London, Brussels, Gibraltar and the Channel Islands and was appointed by Mr Cameron as media and policy director of the Conservative Party in the EU from 2005-2008.

He is also a former director of the Brussels-based lobbying firm, Teneo Cabinet DN, and Europe director of BSkyB and author of the influential book What Next? Britain’s future in Europe.

Mr Wilding will work from the firm’s Church Stretton office and can be contacted on 01694 724440, 07901 008220 and peter.wilding@fbcmb.co.uk

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