The UK has voted by a narrow margin to leave the EU and the remain camp, along with other groups, are looking at what went wrong!
The UK Government lead by Prime Minister Mrs. May are now deep in internal discussions as to what ‘Brexit’ will look like for the UK economy and when to trigger formal negotiations with the EU.
Financial markets appear to have stabilised after the initial shock and a good number of business leaders are now looking at the potential opportunities that the referendum vote will bring.
As for the possible impact that this historic vote will have on Health, Safety and Environmental legislation and requirements – it’s too early to say! For the most part UK Health and Safety legislation, while constructed to comply with EU directives, has been developed through consultation and collaboration with relevant industry bodies and other relevant stakeholders, it has been reviewed by successive government, and found largely ‘fit for purpose’.
One element that may now be more closely scrutinized, is not the legislation, and its practical implementation, but the claims culture and very litigious approach of individuals who seem to ignore any responsibility for their own acts, partially promoted by the ‘no win no fee’ industry, in search of financial reward for their own stupidity!
It never ceases to amaze us as to the ludicrous claims that people will make in an attempt to extort money from our clients whist hiding behind a tenuous link to ‘clear breach of duty of care’ and ‘health and safety law’; we always promote that businesses should robustly challenge and rebuff such claims through a structured and auditable ‘claims defensibility strategy’ that enables unsubstantiated and ‘false’ claims to be rejected.
At AGC we have successfully worked with various organisation to develop, implement, and embed clear process for identifying risks, implement clear and proportionate mitigations, test and audits defensibility requirements, and ultimately defend claims.
More business need to do the same rather than taking a ‘risk averse’ approach to their operations!