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U.K. government preps for ‘no deal’ Brexit

Neil Hodge | August 23, 2018

Although meant as a step toward contingency planning rather than an admission that talks with the European Union have ground to a halt, the U.K. government on Thursday released a set of 25 documents to help companies prepare for what could be their worst nightmare—a “no deal” Brexit.

The 25 “technical notices” released en masse by the Department for Exiting the European Union on 23 August cover eventualities for organisations ranging from universities and dairy farms to financial services and the nuclear industry, and key issues such as EU funding, value-added tax (VAT), importing and exporting arrangements, product labelling, and the supply of medicines.

These are just the first technical notices to be published; the government intends to issue a further tranche of them as negotiations progress (or falter). About 80 notices will be published in the...

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