HARD BREXIT – The “impossible” scenario becoming more and more likely! What consequences will this have for Norwegian companies?
Prime Minister Boris Johnson seems determined to lead Britain out of the European Union with or without a deal on October 31st. Given the latest events, (no breakthroughs in talks between United Kingdom and EU, and the “suspension” of Parliament from September 11th to October 14th) the conclusion must be that the risk of United Kingdom leaving the EU without a withdrawal agreement (so-called “hard Brexit” or “no-deal Brexit”) is vastly increasing.