Currency exchange

How to prepare for a No-Deal Brexit

How to prepare for a No-Deal Brexit

July 2015 seems an age ago for businesses with international payment requirements when the pound reached a seven and a half year high (€1.44) against the euro. Back then, even the most optimistic Eurosceptics couldn’t have predicted that an EU referendum was just months away – let alone the eventual outcome. In those halcyon days for the pound, the UK’s departure from the EU was just a pipe dream for the minority – or so we thought – and the B-word hadn’t even been uttered.

RationalFX currency specialists look at:

  • No deal Brexit,

  • Why no deal is a possibility;

  • How a no deal Brexit might impact trade;

  • What a no deal might mean for the pound;

  • Planning ahead.