With less than 12 months to go until the UK is expected to exit the EU, the final milestones are clearly set out. These culminate in votes within both Houses of Parliament in the Autumn of 2018 and The European Parliament.
As the process of Brexit gathers pace, so does the debate. Over the last few months we have seen a greater speculation around the impact of the vote to leave the EU on not only the UK economy and politics but also the rest of the EU. What will it mean for EU imports into the UK? Is there a wider impact to predicted changes in equity prices in the banking sector? And how will it affect the negotiation of international free trade deals?
Our Gowling WLG experts have been among the first to comment in the media on every major Brexit milestone. Subsequently, we are playing a regular part in the conversation of how the UK is moving towards exiting the EU.
Counting down to Brexit - 12 months to go…
Autumn 2018 - terms of Britain’s exit from the EU are expected to be finalised.
Late 2018 - both Houses of Parliament vote on whether to accept a final Brexit deal or walk away from the agreement before it goes before the European Parliament.
Late 2018 - The European Parliament votes on the Brexit agreement by a simple majority. The EU Council concludes the withdrawal agreement by a super-qualified majority after receiving European Parliament consent.
9 March 2019 - The UK is expected to leave the EU.