Signs may point to a trade deal being reached between the EU and the UK but businesses still have to prepare for currency volatility and a new customs regime.
“Progress has been made on them all and there is a general belief that further progress can be made,” he adds. But politics is the art of the possible and the optics will be all important in the final approach to any agreement. “Both sides will want to claim victory, and neither will want to be seen to have given away too much. As the two sides try to agree on the four key issues of the level playing field, state aid, fisheries and governance in the weeks ahead, the political choreography and sequencing will be vitally important,” Evans says.October has come and gone.
“There has been a lot of focus on the tariff piece,” Evans notes. “But the foreign exchange markets are also of key importance. Foreign exchange and tariffs will be the first things to hit companies’ bottom lines.”
Really? Not seeing it