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The United Kingdom (UK) is getting ready to leave the European Union (EU) on 31 October 2019.
While the Government would prefer to leave with a deal and will work to the final hour to achieve one, we are prepared to leave without a deal in order to respect the referendum result.
This document outlines the way that the Government hopes to seize the opportunities of Brexit, while preparing for an outcome in which we leave without a deal.
What does leaving without a deal mean?
Leaving the EU with no-deal would mean leaving without a Withdrawal Agreement or a framework for a future relationship in place. In the absence of an implementation period, businesses and citizens would need to adapt immediately to the UK’s new relationship with the EU.
In the immediate aftermath, the UK and the EU would trade with each other on World Trade Organization terms. The UK would be outside the jurisdiction of the European Court of Justice and the direct effect of EU law would no longer apply.
Given the implications for citizens, consumers, businesses and the economy, the Government is committed to prioritising stability. In some areas, the Government would act unilaterally to provide continuity for a temporary period, irrespective of whether the EU reciprocates