The Brexit saga drags on as the threat of another Scottish Referendum on Independence was floated. Just as Parliament passed the Brexit bill, paving the way for the government to trigger Article 50 so the UK can leave the European Union, the reprocussions of Brexit continue.
The Lords backed down over the issues of EU residency rights and a meaningful vote on the final Brexit deal after their objections were overturned by MPs.
The bill is expected to receive Royal Assent and become law on Tuesday.
This means Theresa May is free to push the button on withdrawal talks – now expected in the last week in March.
Scotland’s First Minister Nicola Sturgeon seized the opportunity and announced that she intended to hold a second referendum on Scottish independence at a time when Brexit negotiations are expected to be reaching a conclusion.
Ms Sturgeon said she wanted a vote to be held between autumn 2018 and spring 2019 – but there is speculation that Mrs May will reject the idea of the referendum being held before the Brexit process is completed.
Whatever happens the split from Europe and the potential split within the U.K. all spells economic uncertainty.
That Brexit process is set to take two years from when Mrs May invokes Article 50, which formally gives the EU notice of the UK’s intention to leave.
Brexit Secretary David Davis said. “We are now on the threshold of the most important negotiation for our country in a generation.”
The internal threat of Scottish independence seems to fly in the face of any notion of respect for the democratic wishes of the Scottish people and smacks of irresponsible political opportunism.
In economic terms small businesses are still reeling from the Brexit fallout and these developments only spell further uncertainty.
While none of us can know the future we can use knowledge to predict and to prepare for it. So if the present uncertainty has caused you problems speak to the LEXXER team today!