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Brexit Considerations for the Fleet Industry
16-07-2018
The topic of Brexit has been unavoidable in the UK over the past 2 years. Since the landmark vote was passed on 23rd June 2016, much uncertainty has surrounded the issue, with many industries eagerly awaiting new trade legislation to understand how it will affect business operations. So far, industries such as manufacturing and automotive have been affected, with both negative and positive statistics being uncovered. For example, reports have found that in the car industry, uncertainties surrounding the potential changes have put jobs at risk.
On the other hand, in 2016, the year of the historic vote, the UK experienced a confirmed economic growth of 1.8%. With many conflicting facts and figures dominating the press, it is important that fleet managers understand not only what exactly Brexit is, but also how it could potentially change the way that certain fleet-related tasks are executed.
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