We’re a few days into 2020, and a fresh new decade, but the last year is still very much on the
forefront of everyone’s thinking. With that in mind, we thought we’d take a look at the key talking
points of 2019.
June saw the three year anniversary of the EU Referendum and resultant vote to leave the EU, but
ongoing Parliamentary stalement and the dependence of the Conservatives on the DUP, saw Britain
still negotiating their withdrawal agreement throughout 2019, and two firm dates set for the
departure came and went. As it stands, the UK enters 2020 still a member of the EU, but could our
next talking point change that?
It seems incredible, but the latter half of 2019 saw the UK go to the polls a whopping three times.
With the Conservatives and Labour being trounced in both the local and EU elections thereby forcing
Theresa May’s resignation, Boris Johnson emerged as the new leader and Parliamentary stalemate
led to him calling the UK’s third General Election in four years. The rest, as they say, is history. While
the merits of leaving/staying in the EU are still being debated, business leaders are increasingly
united in the need to make a decision one way or another, so the UK looks to yet another date to
leave the EU, 31st January 2020.
As the digital revolution continues with no break in its pace, businesses that fail to adapt are rapidly
falling behind. 2019 saw some major high street names close their doors for the last time, while the
rise of online shopping saw many others announce store closures. Yet the move online is not without
its risks, as 2019 also saw a number of big names suffer data breaches, with confidential data such as
credit card details and addresses being exposed online.
The 2019 Budget
When it came to the Annual Budget, 2019 was the year that wasn’t, as it became the first year since
1923 to not have a Budget. With many businesses struggling with the cost of business rates, could
this delay lead to the new Government taking this into consideration and reforming the archaic
structuring? Only time will tell.
We hope you enjoyed our brief summary of 2019, if you have any key points you felt we missed,
we’d love to hear in the comments below.
A very Happy New Year to all our clients and readers!