Brexit - high noon?
As time to cut a withdrawal deal runs short, Chris Ralph introduces our new series on investing during the Brexit process.
The UK and EU have set this autumn and early winter as the time to agree the terms of the UK's withdrawal from the European Union.
Below are some milestones in the months ahead, followed by a video in which Chris Ralph, Chief Investment Officer at St. James's Place, introduces Brexit Watch, our new series on Brexit's possible impact and significance for markets – and for your investments.
- 30 Sept-3 Oct: Conservative Party Conference: Will Theresa May still be trying to sell her Chequers plan to the party?
- 17-18 Oct: EC summit, Brussels: The EU has set this as the deadline for a workable Irish border plan.
- c.13-15 Nov: Emergency summit. Current deadline for a withdrawal deal (as confirmed in Salzburg).
- 13-14 Dec: European Council summit, Brussels. A possible extra last chance to ink a deal, should the political will remain.
- [2018 UK Parliament to vote on withdrawal agreement]
- 21 Jan 2019: Ministers’ deadline. If there is no deal by this point, UK has 5 days to lay out exit plans, while new decision-making powers pass to MPs.
- 21-2 Mar: European Council summit, Brussels. UK’s final summit as a member.
- 2300 GMT, 29 Mar: UK leaves the EU.
- 31 Dec 2020 Transition period ends
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The information contained, does not constitute investment advice. It is not intended to state, indicate or imply that current or past results are indicative of further results or expectations. Full advice should be taken to evaluate risks, consequences and suitability of any prospective fund or investment.