Prayer is Brexit strategy as services brace for red tape storm
“A lot of British companies selling into Europe or across Europe are going to be breaking the law without realizing it,” said Samuel Lowe, a researcher at the Centre for European Reform.
Leaving the single market will most probably mean fewer services are provided across borders, and an increase in the proportion being provided by establishing a commercial presence within the EU, according to Lowe. That would have knock-on effects on employment and tax receipts.