EY instant reaction: Article 50


As Prime Minister Theresa May triggers the Article 50 process of leaving the EU today, Nick Gomer, EY’s office managing partner in Cambridge, comments: “There is little doubt that these will be some very complex negotiations, however with the right will on both sides, there is a way through.

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"Business will look to politicians and negotiators on both sides to seek common sense solutions that work for both the economy and society. No one will benefit if negotiations break down.

“Talking to local businesses in the East of England would go some way to provide reassurances and should be seen as a strong early signal in the negotiations that both sides are committed to an orderly and phased-in Brexit deal.

"Other items on the agenda include the lightest possible customs border to limit disruption to trade, ability to recruit staff and a stable regulatory system between the UK and EU.”



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