Brexit Bulletin, 14 September 2018

Sep 13, 2018

EU officials this week said they are working on how to “de-dramatise” the Irish border issue in order to get a Brexit deal on the table.  But the EU repeated its warning that the UK will not be allowed side door access to the Single Market.

In other developments:

A Common Bio-Security Zone

Hard Brexiteers in the Conservative Party in the UK released proposals on Wednesday illustrating how they believe the UK can leave the EU’s Custom Union and Single Market and still avoid a hard border on the island of Ireland. The group propose the use of a “Common Bio-Security Zone” after Brexit which would see the UK and EU agree the equivalent of UK and EU regulations for all agricultural produce traded on the island of Ireland. For other goods, the group propose that existing simplified customs procedures could continue to be used and use of the Automatic Economic Operator (AEO) status, also known as the trusted trader scheme would allow goods to be cleared quickly.

Jaguar issues stark warning

Jaguar Land Rover Chief Executive Officer Ralf Speth warned UK Prime Minister Teresa May this week that a bad Brexit deal could put tens of thousands of jobs at risk and cost the company £1.2 billion pounds a year.  Jaguar employs more than 40,000 people in the UK and told attendees at the government electric vehicle summit that Brexit had the potential to wipe out its profit. Mr Speth told the Birmingham audience that he didn’t even know if any of the company’s manufacturing facilities would be able to function on 30 March 2019; the day after the UK departs the EU.

Will flights be grounded?

CEO of Ryanair, Michael O’Leary warned that in the event of a hard Brexit, flights between the EU and UK could be grounded.  While it has been reported that the CEO of EasyJet has received an assurance from both the EU and the UK that a basic agreement in the least will be in place to allow flights between the two jurisdictions, Mr O’Leary said that there could be no guarantee.

UK manufacturer stockpiling chocolate

And finally, for the sweet toothed among us Cadburys is reportedly stockpiling stocks of chocolate and biscuits in case supply is diminished by a hard Brexit because the UK is not self-sufficient to supply enough of these ingredients.

Read all of our Brexit updates and Back to Brexit Basics on the dedicated Brexit section of our website.