18 February 2020
The removal of Brexit contingency plans for customs and VAT promised in 2019 will make an already difficult situation even worse for businesses. Disruption to supply chains seems inevitable, and the removal of postponed accounting and/or transitional simplified procedures will make an already difficult situation even worse for businesses.
12 February 2020
The Department for International Trade has launched a public consultation on its proposals for a new UK customs tariff, to be implemented at the end of the Brexit transition period. The closing date for comments is 5 March 2020 and we can expect an announcement on the UK’s new tariff shortly thereafter. Businesses should take note.
29 January 2020
As Mark Carney bows out as Governor of the Bank of England a rate cut should be his parting gift to his successor Andrew Bailey now that a decision on Brexit is firmly in place.
28 January 2020
Stress in the UK financial markets continues to moderate on the eve of Brexit. The RSM Brexit Stress Index, which measures financial and economic risk surrounding the UK’s impending departure from the EU, begins the week at just 0.23 standard deviations below normal levels of implied stress.
24 January 2020
'There has never been a better time to expand or invest in the US' - that was the message from US Embassy Deputy Chief of Mission Yael Lempert at a special event hosted by leading audit, tax and consulting firm RSM and SelectUSA at the US Embassy in London this week.
24 January 2020
The new European Union (Withdrawal Agreement) Bill changes the Brexit picture for VAT and customs duty yet again. Businesses should keep up preparations for a departure on 31 December 2020.
17 December 2019
Commenting on yesterday's FTSE250 record close, Simon Hart, RSM's Brexit lead partner said: 'The positive response from the markets to the Conservative Party winning an overall majority in Parliament has lifted the mood among investors and the financial markets generally.
13 November 2019
Stress in the UK’s financial markets eased last week, as purdah kicked in, ensuring Westminster took a back seat to global market speculation of a US-China trade deal.