Theresa May has set out a strategy for Brexit, in which businesses and government departments are to be prepared to deal with a future Brexit that is a “business as usual” one.
The Prime Minister has announced plans to spend £3.6bn on tackling the fallout from Brexit and a new Brexit strategy that is not “business-as-usual”.
Businesses will be expected to have a “proper” Brexit plan by the end of 2018, as well as having “a plan for resilience”.
The government will also publish a blueprint for how to keep businesses running as they are forced to relocate to “regulatory compliance” and other relocation measures.
The plan will also be published next year, with the Government setting out a timeframe for the plan to be implemented.
Businesses have already expressed concerns that businesses will be unable to operate as they were meant to be and will face the prospect of a loss of jobs and a rise in costs.
The Government has previously promised to create a “strategic plan” for the future of the economy.
“I’m not here to set out the future,” Mrs May told the Business Conference in Manchester on Thursday.
“We are not going to be setting out the same things every day.
It’s going to take time, and we’re not going away from the fact that the UK economy is resilient.”
What the experts are saying about Brexit: “There’s no way of knowing whether this plan will be the best Brexit deal for the UK” – Michael Gove, Brexit secretary – The FT “We’ve got to get a plan that’s not business as usual and not business-as-[sic] usual as the way Brexit is supposed to work” – Stephen Timms, chief UK economist at Capital Economics “What the UK has been doing for the past four years is a total failure” – Sir David Meacher, the former head of the Bank of England