2018: The year of Brexit decisions
This year will decide Britain's future. Will there be a transition period after Brexit? What will the UK's economic relationship with the EU look like? And will all be "smooth and orderly," as Theresa May has promised?
If no agreement is reached on the transition phase by March 2018, companies are likely to start implementing Brexit emergency plans. Banks have already started setting up subsidiaries on the continent. Time will be getting tight for pharmaceutical companies and others that need EU licenses for their products. If the British government is not in a convincing position by next summer, we may see the start of a “Brexodus” of companies moving abroad.