The British exit of the European Union is the most significant economic demerger between major economies since the Second World War and much about the forthcoming process of transitioning out of the EU has no precedent. But we know already that both the UK and the EU will be significantly changed by what is about to unfold.

Global Counsel has been helping clients prepare for a possible Brexit over the past two years. Our team of former Whitehall and Brussels policymakers and sectoral specialists, based at our offices in Brussels and London, enable us to help clients navigate the politics, policy and commercial implications of Brexit. Contact us to find out how we can help your organisation.



World Trade Post-Brexit - Charting a new course (24th November 2016)
In collaboration with Herbert Smith Freehills and The Boston Consulting Group

Analysis & Blogs

Scotland’s £12bn export gap

10 Feb 2017

If there is a second independence referendum in Scotland, one of the central issues will be which single market matters more, the UK’s or the EU’s? The latest export statistics for Scotland, published last month, reveal what’s at stake.

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Brexit’s nuclear option

3 Feb 2017

Having concluded that Euratom is “uniquely legally joined” with the EU, the government argues that Brexit will require the UK to leave Euratom when it leaves the EU. 

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Is the EU a pragmatist or a purist on insurance equivalence?

23 Jan 2017

There has been quite a lot of media coverage of the recently finalised negotiations between the EU and the US Department of Treasury and Federal Insurance Office on a “covered agreement” for (re)insurance services. Notable features of the deal include the national, uniform treatment of collateral requirements, exchange of regulatory information between leading supervisors and mutual recognition of financial oversight regimes. This last point in particular couldn’t be more topical.

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Brexit begins now

19 Jan 2017

Theresa May’s Lancaster House speech has provided much needed clarity about the British approach to Brexit. It has reset the baseline for the negotiation by taking the UK out of the single market. 

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Brexit and the future of UK immigration policy

16 Jan 2017

UK Prime Minister Theresa May has all but ruled out maintaining freedom of movement between the UK and EU post-Brexit. This implies a new migration system, providing recruitment challenges for a range of sectors from social care to agriculture. Businesses should now plan to adapt, but policy...

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Passporting is dead. Long live ‘passporting’?

13 Jan 2017

There was some comment this week about the fact that the UK’s largest financial services advocacy body TheCityUK has self-consciously ceased to advocate the retention of passporting rights for UK-based financial services businesses after the UK has left the EU. This was presented as a concession of ambition, but it is also a form of tactical retreat.

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Short-changing Britain with shoddy analysis

3 Jan 2017

Campaign group Change Britain has published flawed and incomplete analysis suggesting the UK will gain £24bn a year, or £450mn each week, if the UK government pursues a ‘clean Brexit’ and leaves the single market and customs union. 

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EU FTAs: mixed fortunes

22 Dec 2016

The EU Advocate General Eleanor Sharpston has delivered an important preliminary conclusion in the European Court of Justice’s (ECJ) review of the ratification requirements of the EU-Singapore FTA. This sounds like an arcane question but is actually a big political issue. 

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Could UK exporters miss the ECJ?

23 Nov 2016

GC has just published a report with colleagues from Herbert Smith Freehills and The Boston Consulting Group looking at some of the implications of a ‘hard Brexit’ for traders between the EU and the UK. Media coverage of the report has focused on the headline issue of tariffs being re-imposed on EU-UK trade. But, among many other things, the report flags the important issue of changes to British investors’ rights of recourse in the EU, which is often not well appreciated by businesses.

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Trade Post-Brexit

21 Nov 2016

In collaboration with Herbert Smith Freehills and The Boston Consulting Group, Global Counsel has co-authored a paper looking at the meaning and implications of a hard Brexit for businesses, aiming to help them understand the role they may play in shaping this or an alternative outcome.


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The power of procedure: how might the UK parliament shape Brexit?

18 Nov 2016

A contest for control of the Brexit process is playing out between the government and parliament in the UK. The complex, opaque rules of parliamentary procedure have suddenly become central to the ability of either side to dictate the tempo and content of the UK’s withdrawal from the EU....

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Offshore Britain?

27 Oct 2016

According to one major newspaper, the UK Government is developing a “nuclear” Brexit negotiating threat in the form of a corporation tax cut to 10%.  But as with all nuclear deterrents, the question boils down to one of credibility: could and would the UK actually deliver a CT rate of 10%?

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The 100,000 person question

13 Oct 2016

Immigration is the simmering political issue at the heart of Brexit. Much of the debate has focused on how far the UK can reclaim control of EU migration into the UK, while retaining some form of participation in, or preferential access to, the single market.

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In the Brexit divorce, who gets custody of the EU’s FTAs?

12 Oct 2016

Like many divorces, Brexit is going to be a custody battle of sorts. UK Secretary of State for International Trade Liam Fox has warned (via his preferred UK newspapers) his EU counterparts that attempts to prevent the UK inheriting a large number of FTAs signed on the UK’s behalf by the EU could be met with retaliation by those EU trading partners.

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EU-UK (Un) Free Trade Agreement

20 Sep 2016

One of the consistent themes of the UK referendum campaign on EU membership was just how hard it would be to re-establish trading terms between the two sides if the UK was outside the EU. Following the Brexit result, the negotaion of a future EU-UK deal will turn the conventional logic of FTA negotiations on its head. 

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Brexit: Online platforms face EU fallout

9 Sep 2016

Some EU countries will see an opportunity once the UK has departed, while tech companies might end up wishing the British had been kept in. Ten weeks after the UK’s decision to leave the European Union, emotions are still running high in Brussels when you mention the B-word. The mere suggestion that Brexit will raise material problems, that will need careful and pragmatic consideration on both sides of the channel, appears to some as a provocation.

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Europe and Brexit

7 Sep 2016

As part of Global Counsel's collaboration with DLD in the inaugural DLDeurope event in Brussels, we have put together a note looking at some of the implications of Brexit on the wider EU.


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Staying on the plane

18 Aug 2016

As UK ministers lay the groundwork for future trade deals in China and India this week, they might want to keep in mind the challenges posed by these two countries and reflect on where other significant opportunities in Asia lie.


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British trade policy after Brexit: ruthless prioritisation required

15 Aug 2016

UK trade policy will require ruthless prioritisation if scarce diplomatic resources are to be deployed to the best possible effect. We provide advice based on a series of metrics. The US and China should be the top priorities, although for different reasons. The government should not spend too...

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UK energy policy and Brexit

5 Aug 2016

Brexit has the potential to increase significantly the UK’s autonomy in making energy and climate change policy. How much will largely depend on the prior question of what, if any, relationship the UK has with the EU’s internal energy market. Broadly, there are three options: membership, access...

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The exit option: How contagious could Brexit be?

1 Aug 2016

The UK referendum vote on leaving the EU is reverberating across EU politics in a range of ways. Economic and market volatility has brought to the boil a simmering banking crisis in Italy. The huge implications of British exit for the Republic of Ireland have triggered a febrile debate on...

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The $200bn cost of Brexit

29 Jul 2016

Almost four weeks on from the vote to leave the EU and the FTSE 250 has edged back up to just 0.4% below where it started before the polls closed, while the FTSE 100 has surged by 6.5%. Does this mean that all is well in the UK economy and Brexit is not that big a deal after all? 

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UK trade policy and Brexit

27 Jul 2016

Among the many implications of a UK exit from the EU is a fundamental change to the way that the UK makes and implements trade policy. As part of the EU, the UK’s trade policy is effectively set by the EU’s common commercial policy. The UK shares a single external tariff regime with the EU – a...

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The Consequences of the EU Referendum

20 Jun 2016

Whatever the result on 23 June Britain faces political risk. If Britain votes to leave there will be political instability in the UK, the process of withdrawal will be messy, and investors will give their verdict on the structural implications for the UK economy. If the UK votes to stay David...

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Brexit TiSA trailer

31 May 2016

At the end of last week the European Commission released its latest proposed bindings of market access terms in the long-running Trade in Services Agreement negotiations in Geneva.

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Europe’s political risk is Britain’s problem

19 May 2016

Fitch Ratings this week concluded that Brexit would increase political risk across Europe by boosting populist political parties, including many who are Eurosceptic, and by changing the political centre of gravity in the EU.

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The impact of Brexit: Asian edition

22 Mar 2016

For the majority of businesses in Britain the possibility the UK might leave the European Union - Brexit - is an important issue. The break with the EU and the uncertainty associated with it would raise important questions for business.

Much has been written on the economic consequences...

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Five ways the UK deal would change the EU

20 Feb 2016

The UK’s new settlement won’t satisfy Eurosceptics, but does establish principles and precedents that will impact on the EU in future if the UK votes to remain. Some are for the better, while others are risky and potentially damaging. If Britain votes to stay in the EU the prime minister will...

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The morning after: Brexit uncertainty and what it means for business

29 Oct 2015

The ‘in-out’ nature of the Brexit debate, and the focus on uncertainty about the referendum outcome, obscures another, equally important layer of Brexit uncertainty for business, which is about what a vote to leave the EU would actually mean in practice. There are uncertainties about both the...

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Brexit: the impact on the UK and the EU

23 Jun 2015

This report examines the impact Brexit would have not only on the UK, but also on other countries in the EU. 

The key findings of the report are:

  • Deep trading, investment and financial links combined with a shared liberal outlook means the Netherlands ranks as the member...
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Brexit Team



Stephen is a partner in Global Counsel and its lead consultant on European and multilateral issues, with a particular focus on financial services, trade and wider EU single market issues.




Tom advises Global Counsel clients in navigating EU and UK politics, with a particular focus on the policy and investment frameworks for the financial services, manufacturing, technology, media and telecoms sectors.




Based at Global Counsel’s Brussels office, Carmen helps clients navigate the EU institutions and has extensive experience working with European policymakers and participating in European Commission expert groups.




Daniel is part of Global Counsel’s trade and financial services advisory teams, with a specialist focus on cross border and regulatory issues in Europe, Southeast Asia and Africa.




Matthew is Global Counsel’s lead adviser on energy issues, with a focus on UK and EU energy policy, power market reform and wider Energy Union issues.




Leo advises companies and investors on medium term political, regulatory and economic risks and opportunities, with a particular focus on the UK. He works with financial services providers and manufacturers, and on cross-cutting issues including tax, corporate governance and economic policy.



Associate Adviser

Guillaume specialises in international trade policy and politics, and advises clients on various trade issues as part of the Global Counsel team in London. 



Associate Adviser

Jade advises Global Counsel clients on a range of UK public policy and political issues, with a focus on the energy and manufacturing sectors.



Associate Adviser

Roberto advises Global Counsel clients on political risk and policy trends in Europe and elsewhere. He has a particular expertise in the politics of the EU and is a specialist in analysing polling data.