The business of Brexit
Ep.10 - Does Brussels have the muscles?

Ep.10 - Does Brussels have the muscles?

July 19, 2019

It takes two to tango. This week we look at what’s happening on the EU side of negotiations with an inside track from Dr Kay Swinburne, who’s just completed a 10 year stint as an MEP and Vice Chair of the European Parliament’s Committee for Economic and Monetary Affairs to join KPMG as our Vice Chair of Financial Services.

Kay gives her view of what reception the new British Prime Minister will get in Brussels and she maps out a very different future for the European project – and the impact that will have on Britain – once the UK is sitting on the outside looking in.

We also speak to Richard Bernau, from our financial services practice, on how British banks are preparing and likely credit conditions in the event of a hard Brexit.

Featuring:

James Stewart – Head of Brexit & Vice Chair, KPMG in the UK

Dr Kay Swinburne – Vice Chair of Financial Services, KPMG in the UK

Richard Bernau - Director, Financial Services, KPMG in the UK 

Stuart Burt - Analyst, External Affairs, KPMG in the UK

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.9 - Looking for a leader

Ep.9 - Looking for a leader

June 14, 2019

The race is on! As Conservative Party leadership election ignites, we look at the ramifications for business from a Brexit perspective.

We hear from George Freeman MP, one of the Tory’s ‘big thinkers’ and one of the 313 people electing the final two candidates. He talks about the really important aspect of the race now, and maps out a ’Britain Beyond Brexit’ - the title of his new collection of essays that was published this week.

We assess the chances of No Deal: Is business as switched on as it needs to be?

And the podcast also investigates what chief executives are thinking – not just about Brexit but the wider challenges – after this week’s Times CEO Summit. Sponsored by KPMG, and the release of our own UK CEO Outlook 2019.

Featuring:

James Stewart – Head of Brexit & Vice Chair, KPMG in the UK

Mark Essex – Director, Public Policy, KPMG in the UK

Rachel Hugo - Partner, Aerospace & Defense

George Freeman MP - Member of Parliament for Mid Norfolk

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.8 - To Brexit and beyond!

Ep.8 - To Brexit and beyond!

May 17, 2019

Brexit can feel like groundhog day. Exactly one year ago on 17 May 2018, Theresa May told the press that withdrawal bill discussions would return to the Commons “within weeks rather than months” before the summer recess, “…that’s what you would expect us to do on an issue so important.”  

In this episode, we investigate the Brexit boredom by reflecting on how business is feeling after the latest Financial Times Brexit and Beyond Summit and offer some practical ways on how you can be best prepared during the/ current impasse.  

And we’re talking unlocking growth: how can firms use Brexit to rethink their strategy, connect the UK’s regional hubs and boost their bottom line?

Featuring:

James Stewart – Head of Brexit & Vice Chair, KPMG in the UK

Hannah Cool – Brexit Assurance Lead, KPMG in the UK

Mark Essex – Director, Public Policy, KPMG in the UK

Yael Selfin - Chief Economist, KPMG in the UK

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.7 - Can I ignore Brexit for a while?

Ep.7 - Can I ignore Brexit for a while?

April 18, 2019

The sun is shining and our immediate cliff edge nightmares are melting away as a long weekend beckons. So does the latest Brexit extension mean you can rest easy for a while?

In this week’s podcast we ask how to use these extra six months wisely:

  • What lessons you can draw from what has so far been a massive fire-drill?
  • How should firms to use this hiatus to rethink strategy and boost the bottom line?
  • When should you gear up once again so you’re ready for the next political crunch point?

 And we discuss how the politics could affect things:

  • Would the rest of the EU be willing to grant a further extension after the current Halloween deadline? We get a view from Agata Gostynska-Jakubowska at the Centre of European Reform in Brussels.
  • And we ask if that period of extension till 31 October is as certain as we’d like to think…

Featuring:

James Stewart – UK Head of Brexit & Vice Chair, KPMG in the UK

Joe Cassidy - Head of Commercialisation on Brexit, KPMG in the UK

Stuart Burt – External Affairs, KPMG in the UK

Agata Gostyńska-Jakubowska - Senior Research Fellow, Centre for European Reform

Rebecca Okuda - Director, Customs & International Trade, KPMG in the UK

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.6 - The entrepreneurs’ edition

Ep.6 - The entrepreneurs’ edition

April 4, 2019

In the latest episode of The business of Brexit we try to banish the Brexit blues, ask how entrepreneurs are approaching Brexit … and what the rest of us can learn from them. Helping in our search for optimism amid the gloom is Emma Jones MBE, founder of Enterprise Nation. She discusses why entrepreneurs remain optimistic and how some are using this jolt to BAU as a catalyst for growth. We also share practical tips about why - and how – firms need to set a real time crisis control, or ‘situation’, room in the still-possible event that we leave, next Friday, without a deal.

Featuring:

James Stewart – UK Head of Brexit & Vice Chair, KPMG in the UK

Tim Sarson - Partner, International Tax & Location Strategy, KPMG in the UK

Mark Essex – Director, Public Policy, KPMG in the UK

Emma Jones MBE – Founder, Enterprise Nation

Tracey Perera -  Brexit Programme Director

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.5 - ‘Extra time’ tactics

Ep.5 - ‘Extra time’ tactics

March 22, 2019

Recorded as EU leaders met in Brussels on Thursday afternoon to discuss a Brexit delay, The business of Brexit this week taps into how businesses across the country are reacting to the rapidly shifting politics. It sets out those final preparations you now have three weeks to complete before a still-possible cliff edge (rather than one). And the team suggest what companies will do if the government does get a deal through.

Featuring KPMG UK experts :

James Stewart – UK Head of Brexit & Vice Chair

Hannah Cool – Brexit Assurance Lead

Mark Essex – Director, Public Policy

Sue Richardson – Head of Retail for KPMG in the North

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.4 - Ready for anything?

Ep.4 - Ready for anything?

March 7, 2019

With three weeks to go, are you ready for anything? Next week could be the biggest yet in the Brexit saga and with deal, 'no deal' and extension all still live possibilities, businesses need to ask themselves that question.

In this week's episode, we assess the likely outcome from a critical series of parliamentary votes and how firms should react to each scenario.

We explore what businesses can do now to avoid becoming distressed if Brexit starts to strain liquidity.

And the team give a view on how you can have those awkward pricing conversations with customers if Brexit is pushing your costs up.

Featuring KPMG UK experts :

Brian Connell – Brexit Supply Chain Lead

Hannah Cool – Brexit Assurance Lead

Mark Essex – Director, Public Policy

Blair Nimmo – Head of Restructuring

Need help getting ready for Brexit? Visit https://kpmg.com/uk/brexit

Ep.3 - Trade off

Ep.3 - Trade off

February 22, 2019

The terms under which you might trade with overseas customers and suppliers isn’t only a question of what deal the UK strikes with the EU. Importers from, and exporters to, the world beyond Europe could be profoundly affected by Brexit, even if there is a deal.

In The business of Brexit this week our panel discuss the UK’s potential move to slash all tariffs; what the loss of access to EU free trade agreements could mean for your business; and how Brexit will impact exporters from the biggest segment of our economy: the services sector.

We’ll answer listener questions and hear from our head of retail about what’s keeping retailers, and consumers, up at night.

Featuring:

Joe Cassidy, Brexit Commercial Lead, KPMG in the UK

Hannah Cool, Brexit Assurance Lead, KPMG in the UK

David Henig, UK Director at the European Centre for International Political Economy

Paul Martin, Head of Retail, KPMG in the UK

David Slater, Director, Brexit and Trade, KPMG in the UK

 

If you need help with your Brexit strategy and preparations just get in touch by visiting our website: https://home.kpmg/uk/en/home/insights/2018/06/navigating-brexit.html

 

 

Ep.2 - Extend and pretend

Ep.2 - Extend and pretend

February 8, 2019

If the politicians extend our date of departure, can companies pretend Brexit away for a while?

With less than 50 days till the UK is due to leave and time running out, The business of Brexit this week talks extension. Mark Essex explains why more time would be cold comfort for many businesses and sets out the implications of a general election.

Brian Connell discusses why supply chain managers need to ‘think pricing’ and asks, after the UK announced an easing of import restrictions in the event of No Deal: "Would the EU reciprocate?”

Hannah Cool argues there’s still plenty companies can do before 29 March (and why she’s an optimist) and Justin Benson, UK Head of Automotive, talks about what the suppliers to big carmakers can do in a moment of such uncertainty.

Chaired by James Stewart, Head of Brexit at KPMG in the UK, episode 2 also includes political analysis by Mujtaba Rahman, Managing Director at political risk consulting firm Eurasia Group.

 

Ep.1 - Is it too late to prepare for Brexit?

Ep.1 - Is it too late to prepare for Brexit?

January 24, 2019

What are your preparation milestones between now and Brexit Day? In this inaugural episode James Stewart, Head of Brexit at KPMG in the UK, talks through the dangers of boardroom paralysis, how less-prepared companies should prioritise in the time remaining and we set out the likely political scenarios. We discuss how to help your workforce – and how EU nationals can help themselves – with KPMG immigration lead Punam Birly. The team also discuss how you can maintain a strong financial position through the uncertainty; how to ready your supply chain and they answer your questions on everything from VAT rules to labour supply.

Also featuring KPMG’s Tim Sarson; Yael Selfin and Mark Essex.