Topics In Demand
Notification
New

No notification found.

Brexit Update - Brexit Withdrawal Agreement Bill
Brexit Update - Brexit Withdrawal Agreement Bill

May 21, 2019

1385

0

On 14th May 2019, Downing Street announced that the Brexit Withdrawal Agreement Bill (WAB) will be brought for voting before UK MPs in the first week of June 2019. It looks likely that PM May will struggle to secure the requisite number of votes to pass the WAB given cross-party Brexit talks between Labour and the Tories now widely expected to fail. If the WAB were to be defeated at Second Reading it would not be able to be reintroduced in the current session of Parliament, in effect ending PM May’s hopes of securing Brexit. She would then be under intense pressure to resign, triggering a Tory leadership contest during June-September 2019.

For Indian companies in the UK, this entails continuation of the general environment of uncertainty for businesses. That said, core policy issues for us, e.g. immigration policy regime, data security regimes remain unchanged. A Conservative Party Leadership contest as well as UK General Elections look likely, which might mean a new PM taking over from Theresa May in seeing the UK through Brexit.

Attached a summary of the developments, including key upcoming dates and milestones.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Download Attachment

16533-brexit-update-15-may-2019.pdf

communityadmin

© Copyright nasscom. All Rights Reserved.