On 23 June 2016 the UK voted to leave the European Union. This has left the country in turmoil, and it is difficult to predict just how far-reaching the effects will be. Will it have a long-term impact on the economy? Possibly. Will there be another Scottish independence referendum? It looks likely. Will Northern Ireland want to leave the UK too? Quite possibly, and the same for Gibraltar. But, more significantly, what will the trading and regulatory landscape look like in the future?
Worst of all, at the time of writing there does not yet appear to be a plan for the future. This means there is a vast amount of work for the Government to do before Brexit can occur, creating both risk and opportunity for the sector.