Our recent Skills Audit found that 50% of businesses surveyed said they were currently unsure what effect Brexit was having on their business.
In the midst of all this uncertainty, we thought we'd publish an article that lists a few things that we do actually know about Brexit for companies seeking information on how to prepare for Britain leaving the EU.
Government Public Information Brexit Hub
If you want to know what information the Government is offering to individuals and businesses, EU citizens in the UK and UK citizens in the EU, follow the link below.
Check out this link for Government Brexit Hub
Discover how to prepare for a No Deal Brexit
Read this notice that outlines the Government’s approach to a no deal Brexit plus a collection of technical notices.
People and Talent
Our Skills Audit found that 24% of survey respondents have offshored business due to lack of talent. With that in mind, what are the government saying about how Brexit effects people and talent?
Status for settled EU citizens and their families
If you’re an EU citizen, you and your family will be able to apply to the EU Settlement Scheme to continue living in the UK after 30 June 2021.
The Government believe the EU Settlement Scheme will open fully by 30 March 2019. The deadline for applying will be 30 June 2021. More detail can be found here. There will be no fee for applying
Policy paper on EU citizens' rights in the UK in the event of a no deal Brexit
The Government has published a policy paper explaining what would happen to citizens’ rights in the event of the UK leaving the EU without a deal. The paper covers both EU citizens in the UK and UK nationals in the EU.
Immigration White Paper published that aims to support tech sector
The Immigration White Paper was published in Dec 2018, with a 12 month consultation period now open. The full document can be viewed here.
In the past 12 months, the government has already taken the following actions to support the tech sector:
Doubled the number of Tier 1 Exceptional Talent visas to 2,000.
Announced a new Start-Up Visa for entrepreneurs. This will replace a visa route exclusively for graduates, opening it up to other talented business founders. Organisations like accelerators will act as endorsing bodies. It will launch in Spring 2019.
Post-Brexit access to finance
The UK, as it leaves the EU, is continuing to explore options for a future relationship with EIBG.
If no future relationship with the EIBG is in place before the UK leaves the EU on 29 March 2019, the government will provide the British Business Bank with the resources to enable it to make up to £200 million of additional investment in UK venture capital and growth finance in 2019-20.
