Brexit round-up – 22/11/19
22nd November, 2019
Welcome to this, our latest Brexit round-up. Each week we provide a succinct round-up of the latest news surrounding the Brexit process, so you can keep abreast of the issues which are likely to affect your organisation.
Lib Dems identify “Remain bonus”
The Liberal Democrats manifesto says that the UK has a brighter future within the EU and remaining will free up £50 billion to spend on public services The party claims that staying in the EU would boost economic growth and generate a £50 billion “Remain bonus,” from additional tax receipts over the next five years and not paying the £39 billion “divorce bill.” It also claims that the economy will be 1.9% larger by 2024-5 than it would otherwise be if the UK leaves on the basis of Boris Johnson’s withdrawal agreement. Jo Swinston has said that if the Lib Dems win a majority they would cancel Brexit entirely by revoking the Article 50 process for leaving the EU.
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TV debate clash over Brexit
In the first TV debate of the election campaign, Boris Johnson and Jeremy Corbyn argued their contradicting policies over Brexit. Mr Johnson said that he would get the Brexit deal he agreed with the UK into law and take the UK out of the bloc by 31 January and begin talks with Brussels on a permanent trading relationship. Mr Corbyn said he would tear up Mr Johnson’s agreement and negotiate a new deal with the EU, with a customs union and a closer relationship with the single market, which he would then put to a public vote. This was confirmed in Labour’s election manifesto, launched on Thursday.
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If you have any questions about any of the issues which are raised, or would like to discuss your own organisation’s options in the lead-up to Brexit, please do not hesitate to get in touch.
Please note that this briefing is designed to be informative, not advisory and represents our understanding of English law and practice as at the date indicated. We would always recommend that you should seek specific guidance on any particular legal issue.
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