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Brexit

Brexit

No Deal? No Brexit?

Brexit

Last night’s vote that saw Parliament overwhelmingly reject the Government’s proposed deal with the EU rightly dominates the news agenda this morning.

The immediate call for a vote of no confidence in the Government adds to the political uncertainty.

We could endlessly debate the possibilities of what might happen, and indeed what should happen now. However, as the clock continues to countdown to 29 March, our main focus is ensuring that Burness Paull’s clients are as prepared as possible.

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ChrisA

The Discount Rate: no longer a constant in a changing world?

Will Cole

In the current era, when the House of Commons seems consumed by Brexit fever, it is easy to lose sight of the fact that some parts of the government apparatus are still having to get on with the day job, and more prosaic legislation is also rumbling towards passage. 

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Burness admin

Oil & Gas Outlook - What's next for the UKCS?

Well, how do you sum up a year like 2018? There’s certainly been no shortage of talking points that’s for sure.

Let’s leave the drama of the political and social spheres aside and focus solely on the oil & gas sector though. After the vicious downturn the backdrop to the last 12 months has clearly been a significant recovery in oil prices, with some optimism as the oil price stabilised across 2018. This provided the necessary conditions for market recovery and the renewal of capital investment, both in the North Sea and further afield.

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ChrisA

2018 ends like it started - in the depths of a political blizzard on the future relationship between the UK and the EU

Throughout 2018 we’ve been closely engaged with our clients on Brexit – in particular advising them on how best to plan for the risks associated with a ‘No Deal’ scenario.

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Burness admin

Stress Testing the UK Constitution – Part II

Brexit

Last week, the European Court of Justice heard the arguments in the Article 50 Brexit case. I shared my thoughts on how, in times of upheaval a country’s constitution is stress tested, and the important role of the courts comes to the forefront, see here. This morning, the Court’s Advocate General, an eminent Spanish lawyer called Manuel Campos Sánchez-Bordona, published his “Opinion” in the case.

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Burness admin

Stress Testing the UK Constitution

The intensity of the debate over Brexit has caused me to reflect on how in times of upheaval a country’s constitution is stress tested, and the important role of the courts comes to the forefront. 

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Burness admin

Experts on Brexit - Trade

Put simply, trade is the economic mechanism that involves the transfer of goods or services from one person or entity to another.

Trade has been one of the key issues throughout the Brexit process, both in the pre-referendum debate and during the subsequent withdrawal negotiations.

Global geopolitics and everyday business practicalities all impact on how trade is carried out between nations and specific markets, and the impact of Brexit on both the UK and European economies remains to be seen.

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ChrisA

Experts on Brexit - Financial Services

Financial services is one of the most important sectors to Scotland’s economy, employing 161,000 people and providing £12bn of GVA.

Brexit means different things to different companies in Scotland’s financial sector, but irrespective of what happens, how do we ensure we continue to be successful in the global market? What are this risks and what can be done to mitigate them? Graeme Jones, CEO of Scottish Financial Enterprise discusses this as part of our Experts on Brexit series.

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ChrisA

Brexit – trading in a no-deal scenario

If the UK and the EU fail to agree the terms of our withdrawal from the EU prior to March 2019, we will find ourselves in a “no-deal” or “cliff edge” scenario.

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Burness admin

Brexit - Can We Change Our Mind?

Last week the top Scottish court allowed a selection of MSPs, MPs and MEPs to ask an important question.  The question, in short, is: where a member state has served notice of intention to withdraw from the EU, can that notice be unilaterally revoked and, if so, on what conditions and with what effect? They needed the permission of a court to ask that question of the Court of Justice of the European Union (“CJEU”). That permission was granted.

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Burness admin