Love or hate Marmite, the result of the Brexit-inspired falling pound is that we are, and will continue to be, at the mercy of the increasingly expensive imports. I've been assisting a number of clients review their contracts to make them 'Brexit-proof'. I've been drafting express clauses to deal with potential financial hardship e.g. where a contract has become unprofitable due to the changes in exchange rates or even pre-empting Brexit (as Article 50 still hasn't been invoked yet), and including a termination right on Brexit - where a contract is no longer needed after Brexit.  Every case needs to be considered invidually and if you are worried about the implications of Brexit on your business, then contact me. Otherwise, enjoy the toast and Marmite, and I wish you a good weekend.

Helen Tse

Email: [email protected]