0808 271 2602

What Could Be The Commercial Market Impact To The UK Economy And Inward Investment?

It’s currently unclear what effect Brexit will have on the British economy. However, our lawyers can offer expert commercial advice on dealing with Britain’s exit from Europe, minimising any uncertainty you might have about its consequences for your business.

Although the Government will stand to make immediate savings from leaving Europe – estimates put the UK’s net annual contribution to the EU between £5.7bn and £8.8bn – there are a number of areas of concern for commercial markets:

  • Increased costs from uncertainty: now that Britain has left the EU, it will have to renegotiate its position on areas including trade, labour and law-making. It’s unclear exactly what impact this will have on UK business, but there may be extra costs stemming from visa applications and export tariffs, for example. We can help you minimise your exposure to additional expenditure, making sure you’re prepared for the future.
  • Devaluation of currency: economists have warned that Brexit could devalue sterling by at least 15%, although the Bank of England has indicated that it’s ready to inject money into the economy to counteract shortages.
  • Interest rate changes: in the event of a fall in sterling, the Bank of England could put up interest rates, increasing the cost of borrowing.
  • Emergency budget: George Osborne has warned of a £30bn “black hole” following Brexit, necessitating an emergency budget that could cut the NHS budget and increase taxes.

If you’re worried about the impact Brexit could have on your business, our lawyers are here to support you. We’re well-placed to help you deal with potential challenges and take advantage of opportunities created by Britain leaving the EU.

For more information, please phone 0808 271 2602 or send our referendum team an email with any questions.

Key Contacts

Our key contacts are all experts in their fields. Feel free to email or phone them to find out how we can help your business.


Meet the whole team

Frequently Asked Questions

Will Britain Still Be Part Of The Transatlantic Trade And Investment Partnership?

The Transatlantic Trade and Investment Partnership (TTIP) is a trade agreement currently under negotiation between the EU and the United States... Read more

What Could Be The Commercial Market Impact To The UK Economy And Inward Investment?

It’s currently unclear what effect Brexit will have on the British economy. However, our lawyers can offer expert commercial advice... Read more

What Will Be The Impact On Trade Mark Law Now We Have Decided To Leave The EU?

UK businesses need to be aware that a number of changes could happen in relation to intellectual property (IP), as our current laws are largely driven by the EU... Read more

How Long Will Any Changes To The Law Take?

As Britain has decided to leave the EU, our laws in a number of areas will be changing. Despite this, there won’t be any immediate... Read more

I Have Existing EU Staff And Want To Recruit More – What Should I Do?

Now we’ve voted to leave the EU, the free movement of workers will certainly be affected. However, changes to legislation are likely to be gradual... Read more

What Will Brexit Mean For Data Protection Laws?

As with so many legal issues relating to Brexit the position relating to data protection is not entirely clear. Data protection in the UK is undergoing... Read more

What Impact Will Brexit Have On Dispute Resolution?

If you’re negotiating a contract, you should think carefully about your dispute resolution and governing law clauses... Read more

What Will Happen To UK Employment Law Now We Have Chosen To Leave?

The UK will continue to be bound by EU laws until another agreement is reached or until the UK unilaterally withdraws from the EU... Read more

What Impact Does Brexit Have On The New EU Unitary Patent System?

The new EU Unitary Patent and Unified Patent Court system (not yet in force) will only apply to participating EU member states and so Brexit will... Read more

Could Brexit Void An Existing Commercial Contract?

Even though we’ve voted to leave the EU, this does not automatically make existing commercial contracts void. Any changes to legislation... Read more

How Will Businesses Be Affected By New Immigration Rules?

Many businesses are concerned about what will happen if the UK ultimately pulls up the drawbridge and imposes strict immigration controls... Read more

How Will Regulatory Law Be Affected Now That We Will Leave The EU?

Much of our economy is subject to regulation, and our most pervasive regulatory regimes are EU-driven. As a consequence, it’s likely that uncertainty... Read more

As A Business What Action Should We Be Taking With Our Key Trading Arrangements?

Although the direct impact of Brexit won’t come into force until after the negotiation period (which could be two years or longer) we advise businesses... Read more

Will M&A Activity Increase?

The uncertainty in the run up to the EU referendum vote has dragged levels of M&A activity down compared to last year and, although the outcome of the vote is now known... Read more