The only certainty we have in the whole Brexit soap is that there is no certainty. The two sides are still facing each other and there is no deal, let alone a rapprochement. How should you, as a company, prepare for this now?
Leon Kanters, Brexit Specialist at KPMG, finds the impasse a 'frightening' situation. There seems to be progress in the area of fisheries, but differences of opinion on the level playing field for the internal market are unbridgeable. The European Union does not want British companies to receive unfair state aid and compete with European companies. The UK still finds it ridiculous that the EU has anything to say about how British business might be supported.
Prime Minister Boris Johnson is already warning his countrymen that a no-deal Brexit should be assumed. In the meantime, the European Commission is working on a contingency plan if there is no agreement by 31 December. There are rumors about a "review clause" in a new Free Trade Agreement. This could be a solution for a unbridgeable topics, but would create – if we understand it correctly - a kind of temporary trade agreement, resulting really in a never ending story.