Brexit: what will happen on March 29th?
It’s been a long build-up and a lot of confusion. Will Brexit actually happen? Will it be a soft or hard Brexit? Deal or no deal? Will I still be able to go on my summer holiday without a visa? Well… with the way things are panning out, nobody still has any idea about any of it! At the moment, however, this is what the sceptics predict will happen from the weekend of March 29th this year.
● March 29th is the day that the UK will start the transition to leave the EU. At the moment, the transition period is set for 21 months and allows Britain to keep some of the agreements with Brussels on trade before new arrangements are made. The UK will also be free to set about creating its own foreign policy, to be put in place at the end of the transition period (which ends 31st December 2020).
● Companies that rely on huge exports from the EU may have to close down their UK branches (such as Honda and Ford). This would mean many people could lose their jobs.
● Healthcare and innovation research will have a cut in funding from one of their main funding sources, Horizon 2020 by around 44% which will dramatically affect the developments in the health and technology industry.
● A plan to cut the immigration levels by 80% will have a huge negative impact on the cybersecurity of companies as the majority of the cybersecurity industry in the UK is run by candidates from the EU.
So actually ON the weekend, what’s going to happen?
Probably absolutely nothing. There will probably be some sort of protest in Downing Street, and the level of hate crime could suddenly rise. There is no definite answer as to what will happen… which is what makes this whole thing even more anxiety-provoking: not knowing if your job is at risk or if you need to move away can be extremely stressful. The best thing to do is to try and stay positive and stick together! We all need support in these times.
Do you have any Brexit plans for March 29th? Please let me know in the comments below!