Since the UK announced its exit from the EU, manufacturers have begun to identify the issues and opportunities created by the changes it will bring, and assess its implications at the organisational level. There will be ambiguity and ensuing complexity, at least for the short-term, that impact operations in both the UK and on the wider continent. There will also be opportunities, particularly for export-oriented manufacturers.
We examine the most salient issues that Brexit will cause for day-to-day manufacturing operations. It provides an overview of the options for post-Brexit trade arrangements.
Three main areas that will be affected:
Impact of Brexit on the aerospace and defence sector
We examine the issues that Brexit will cause for aerospace and defence, looking briefly at five main areas that will be affected: regulatory bodies and standards; access to funding; Space; single market access/customs and movement of people.
Impact of Brexit on the automotive sector
We examine the issues that Brexit will cause for the automotive sector, looking briefly at the dimensions such as tariffs and customs duties and trade agreements.