ibusinesslines.com
ibusinesslines.com September 21, 2018


Britain risks slump after no-deal Brexit, says Moody's

15 September 2018, 06:17 | Erica Roy

Brexit | analysis September 11 2018 12:01am The TimesBrexit Is there light at the end of the tunnel?Oliver Wright Policy Editor

Brexit | analysis September 11 2018 12:01am The TimesBrexit Is there light at the end of the tunnel?Oliver Wright Policy Editor

He continues: "We are supporting the People's Vote campaign now, because we think our members and other workers should have their say on the final Brexit deal".

"To avoid your British passport not complying with the Schengen Border Code we suggest that you check the issue date and make sure your passport is no older than 9 years and 6 months on the day of travel", the government warns.

In its latest statement, the DfT said it's still seeking to negotiate a comprehensive agreement with the European Union to cover the continued recognition and exchange of United Kingdom licences after exit and said if this wasn't secured, it would pursue agreements with individual European Union countries.

But the British government said the largest mobile operators, covering 85 per cent of customers, had agreed not to reintroduce the charges in the event of no deal.

A no-deal Brexit would invalidate British drivers' licences in the European Union, force some British travellers to renew their passports and could see a return to expensive charges for using your mobile phone in Europe, the government has admitted.

The two papers complement similar papers previously published by the government, including in relation to the implications for the state aid regime of a "no deal" Brexit.


The UK also faces being shut out of the Galileo satellite programme, its ships being forced to provide security information before docking, and requiring new vehicle safety certificates under a "no deal" scenario.

For the public, Thursday's notices covered more mundane issues; the government said British drivers might need to obtain an worldwide driving permit to drive in the EU.

The government is advising British drivers that they may need to get an International Driving Permit, which they would have to carry alongside their United Kingdom licence, to keep driving in the EU.

- Holders of legal firearms face additional bureaucracy if they want to take them to EU countries, because the European Firearms Pass would no longer be available to United Kingdom citizens.

Even existing EU type approvals would have to be converted to United Kingdom approvals, although the government has confirmed that it would issue "provisional" approvals to manufacturers that already have European type approvals. The EU directive brought in in June 2017 which capped the prices mobile phone operators could charge each other will no longer apply to the United Kingdom after Brexit. With just over six months to secure logistical plans for the transport of goods to and from the United Kingdom, many worry that delays offer a credible threat to the UK's supply chain.



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