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Business Secretary urges businesses to prepare for the end of the BREXIT transition period

Secretary of State for Business, Energy & Industrial Strategy, Alok Sharma, urges businesses to be ready for the BREXIT transition period in less than three months

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In his letter penned to over 600,000 companies on 12th October, Business Secretary, Alok Sharma calls on businesses to familiarise themselves with the actions they will need to take, by visiting gov.uk/transition and using the checker tool in order to be ready for BREXIT

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Alok Sharma

The Rt Hon Alok Sharma MP wrote:

“There will be guaranteed changes from 1st January for businesses as we start our new relationship with the EU, and there are many actions you can take today to prepare. Find out what you need to do by visiting gov.uk/transition and using the checker tool.

I know these are challenging times, however, it is vital that your business prepares now for our new relationship with the EU, outside of the single market and customs union.

There are 80 days until the end of the transition period and there will be no extension, so you need to act now.

Regardless of whether we reach a trade agreement with the EU, from 1st January there will be guaranteed changes to:

the way businesses import and export goods

the process for hiring people from the EU

the way businesses provide services in EU markets

Help is available, and as Business Secretary, I encourage you to:

  1. Check what actions you need to take by visiting gov.uk/transition.
  2. Sign-up for updates.
  3. Attend government webinars for additional support, you can sign up to attend BEIS webinars now.”

The webinars cover general areas that businesses of any shape and size will need to understand and act on, such as visas, work permits, and tariffs – as well as sector-specific information.

Business sectors being covered by these webinars are:

  • Services and Investment – 13 October
  • Retail – 14 October
  • Automotive – 14 October
  • Metals and Materials – 20 October
  • Electronics and machinery – 21 October
  • Consumer Goods – 22 October
  • Life Sciences – 27 October
  • Construction – 28 October
  • Aerospace – 29 October

“Unless you take action, there is a risk business operations will be interrupted. You should also check with your suppliers and customers that they are taking action.

Businesses will play an essential role in ensuring a smooth end to the transition period, and the government and I will be there to support you as we embark on the UK’s new start.”

Source: www.gov.uk

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.

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