13 December 2019: Election results
As you will have seen, the Conservative party won a majority in Parliament and will form our Government with Boris Johnson remaining as Prime Minister.
What does this mean for Brexit?
- Prior to the announcement of the General Election, the proposed time frame for getting the Withdrawal Agreement Bill through the House of Commons and the House of Lords was rejected.
- Now that the Election is over, Boris Johnson will bring the Bill before Parliament to get it ratified through the House of Commons and the House of Lords.
- The aim will be to have the Bill become law before the UK leaves the EU on 31 January 2020.
- We will then formally leave the EU with the Withdrawal Agreement in place.
- Providing this goes through, there will be a transition period, giving us until December 2020 to agree a future Trade Agreement which will define trade from 1 January 2021.
- This means nothing would change for the entirety of 2020.
- There will also be a potential for the transition period to be extended to December 2022 if a Free Trade Agreement looks unlikely to be reached, decided at an EU Brexit Council Meeting in June 2020.
- If the Withdrawal Agreement Bill is not ratified by 31 January 2020, we will leave the EU without a deal in place.
We will continue to keep you updated on progress and news from the Government, and our team continue to work hard to make sure that your goods keep moving smoothly after Brexit.