Brexit Business Resource Hub
London has been clear that it will always remain open. However, we know that businesses are unsure about how they can be best prepared for the impact of the UK leaving the EU on 31 January 2020.
After 31 January, there will be a transition period until the end of 2020 while the UK and EU negotiate additional arrangements. During the transition period, current rules on trade, travel and business for the UK and EU will continue to apply.
To support you, the London Growth Hub and the Mayor of London have launched this new online portal. It brings together key resources from a range of partners to help your business understand and prepare for the end of the transition period.
This page will be continually updated with the latest news, factsheets, developments and events so your business has access to all the information it needs to get ready for 2021.
Workshops and events
Events from our Growth Hub Cluster
The London Growth Hub is currently working together with the SELEP and Hertfordshire Growth Hubs to deliver collaborative advice and support to businesses across all areas.
If you are based in the SELEP area and interested in attending events to help your business understand the implications of leaving the EU, please click here.
If you are interested in attending events in the Hertfordshire area, please click here.
London Growth Hub factsheets
Factsheets and guides brought to you by the London Growth Hub to help you understand what decisions have already been made, future activity, how it might affect your business and find out what you can do to prepare your business for the impact of the UK leaving the EU:
- What does it mean to be outside the EU?
- Preparing for a new commercial environment
- Human Resources (HR)
- Trade in Digital Services
- Trade in Goods
- Trade in Services
Factsheets and guides to support businesses operating in the following sectors:
External resource directory
Support for your business
Business organisations across the UK have published a wide range of resources to help business prepare for and navigate any changes as a result of the UK leaving the EU, including:
- Practical guides from the ICAEW
- Planning guides from the Institute of Directors
- Checklist from the British Chambers of Commerce
- Guidance for SMEs on access to finance after the UK leaves the EU
- Podcast from the British Educational Suppliers Association
Employing and managing staff
Useful resources to help businesses understand the implications of leaving the EU on employing and managing staff include:
- Home Office guidance for EU, EEA and Swiss frontier workers who want to continue working in the UK
- The Settled Status Scheme will enable EU nationals who have lived and worked in the UK for five years to apply for settled status and live in the UK permanently.
Support for importers and exporters
There is a wide range of support and guidance available to help importers and exporters take steps to prepare for leaving the EU and the end of the transition period. Useful resources include:
- The EORI Mythbuster guide which helps businesses understand if they need an EORI number.
- The UK Government has published a checklist for businesses that buy from or sell to the EU.
- The UK Government has published guidance about how to export into the EU through roll on roll of (RoRo) locations after the UK leaves the EU.
- Guidance from the British Chambers of Commerce about how to apply for an EORI number.
- Informative videos from the Department for International Trade to help importers/exporters understand the impact of leaving the EU.
- HMRC has published guidance about changes to how exporters export and declare excise goods such as alcohol and tobacco.
The Information Commissioner’s Office (ICO) has published a range of resources to help businesses understand the impact of leaving the EU on data flows and data protection. Guidance covers a range of topics including:
- How to keep data flowing after the end of the transition period
- How will personal data continue to flow after the end of the transition period
- Changes to data protection
Intellectual Property (IP)
It is important that business owners take steps to protect their intellectual property after the end of the transition period. Useful resources include:
- Government guidance on intellectual property laws during the transition period
- The IPO has published guidance on trade marks, designs, patents right law and exhaustion of IP rights during the transition period.
Leaving the EU - the transition period
The UK Government has launched a new website to help businesses prepare for the end of the transition period on 31 December 2020. Support includes:
- Advice on the steps businesses can take now to prepare for the end of the transition period.
- An online tool to help businesses understand how leaving the EU could impact their business once the transition period ends on 31 December 2020.
Leaving the EU - the UK's tariff regime
On 19 May 2020, the UK Government published details of the UK’s new tariff regime, the UK Global Tariff (UKGT). The UKGT will enter into force on 1 January 2021, replacing the EU’s Common External Tariff (CET) at the end of the transition period. It will apply to imports coming into the UK from countries we do not have a trade agreement or other preferential arrangements with.
The new tariff is tailored to the needs of the UK economy. It will support the country by making it easier and cheaper for businesses to import goods from overseas from 1 January 2021.
Read more about the UKGT at www.gov.uk/government/news/uk-global-tariff-backs-uk-businesses-and-consumers.
Press releases and articles
Press releases and articles
- Government announces new tariff regime (19 May 2020)
The Government has published details of the UK’s new tariff regime, the UK Global Tariff (UKGT). The UKGT will enter into force on 1 January 2021, replacing the EU’s Common External Tariff (CET) at the end of the transition period. It will apply to imports coming into the UK from countries we do not have a trade agreement or other preferential arrangements with.
- More than 3.5 million applications to the EU Settlement Scheme (14 May 2020)
The Home Office has now received more than 3.5 million applications to the EU Settlement Scheme, according to the latest internal figures.
- Future of UK-EU trade (24 February 2020)
The CBI has published a new report setting out recommendations for the UK-EU free trade agreement.
- Import controls after transition period (11 February 2020)
The UK Government has confirmed plans to introduce import controls on EU goods at the border after the transition period ends.
- UK set to leave the EU (31 January 2020)
The UK will leave the EU tonight, ending 47 years of membership. A transition period will then come into force until 31 December 2020, during which time most current rules on trade, travel and business between the UK and EU will still apply.
- Full UK-EU trade deal ‘impossible’ (8 January 2020)
The president of the European Commission has warned that it would be ‘impossible’ to reach a comprehensive UK-EU trade deal by the end of 2020.
- Recruitment challenges as uncertainty hits employers (6 December 2019)
The latest ‘UK Report on Jobs’ has indicated that Brexit-related uncertainty is impacting labour conditions.
- Banier pledges to prioritise UK trade deal post-Brexit (26 November 2019)
EU’s chief negotiator warns of short timeframe to secure future relationship.
- Banks pledge their support to SMEs through Brexit (9 October 2019)
Britain’s top banks and other reaffirm their commitment to back British business.
- Brexit-readiness events (15 September 2019)
The Department for Business has announced a nationwide programme of events as part of the Government’s ‘Get Ready for Brexit’ campaign.
- Get Ready for Brexit campaign launched (1 September 2019)
The Government has launched a new campaign to help businesses get ready for Brexit.
- Brexit readiness fund (19 August 2019)
The Business Secretary has announced a new £10 million grant scheme for business organisations and trade associations to support businesses in preparing for Brexit.
- Barclays announces £14bn Brexit fund (27 March 2019)
Barclays has announced a new £14 billion lending fund to support small and medium-sized firms to succeed through Brexit.
- Business call for single market alignment (27 March 2019)
Almost six in ten business leaders favour a Brexit deal that would align the UK to the single market.
- How five smaller UK firms are preparing for no-deal Brexit (7 March 2019)
British SMEs are trying to plan for an uncertain future.
- £1.6bn Stronger Towns Fund launched (4 March 2019)
The Government has launched a £1.6bn fund to boost growth and give communities a greater say in their future after Brexit.
- UK Finance launches campaign to help SMEs prepare for change in 2019 (25 February 2019)
UK Finance has launched a national campaign to help SMEs prepare for the changes brought about by Brexit.
- Britain’s place in the global trading system (1 February 2019)
The International Trade Secretary speaks at Policy Exchange in London to set out the UK’s future role in the global trading system.
- Opportunity for charities to become advisors to EU citizens applying to settle in the UK (4 February 2019)
A new scheme has been launched for charities to become registered advisors to EU citizens when they apply to settle in the UK.
- UK Government urges Horizon 2020 winners to register for no-deal funding guarantee (29 January 2019)
The UK Government has confirmed that it will guarantee the funding for Horizon 2020 projects that are agreed prior to the UK leaving the EU, even if the UK leaves without a deal. All UK participants with a signed grant agreement must register before 29 March 2019 to ensure their funding is guaranteed. The funding guarantee also applies to Euratom Research and Training projects and on-going Framework Programme 7 projects.
This page will be continually updated with news, factsheets and events delivered in London, to help you and your business prepare.
To help us understand your needs and priorities we would love to hear from you. Please complete our short survey via the link below to help us, and our partners, develop business support activities to support your business.
You can also call Government’s national Business Support Helpline on 0300 456 3565 to speak to an adviser about any questions you have about how your business will be affected by Brexit.