"More than half (54%) of exporters in a survey of almost 1,000 businesses the majority of which were small and medium-sized firms said the trade deal negotiated by Boris Johnson's government and enacted in 2021 was not helping them. Highlighting an ongoing economic hit from Brexit, the BCC said this was a 13 percentage point increase from the proportion of firms that were unhappy in a similar survey a year earlier."
"With a budget that failed to deliver meaningful growth or trade support, getting the EU reset right is now a strategic necessity, not a political choice. Trade is the fastest route to growth, yet firms tell us it is becoming harder, not easier, to sell into our largest market. The intervention by the trade body which represents more than 50,000 firms employing 6 million people nationwide comes amid growing recognition among Labour's frontbench over the damage of Brexit."
More than half (54%) of exporters in a survey of almost 1,000 businesses, mainly small and medium-sized firms, said the 2021 trade and cooperation agreement negotiated by Boris Johnson's government was not helping them grow EU sales. The BCC reported a 13 percentage point rise in dissatisfaction from a year earlier and found only four of 946 firms judged government support on trade policy changes as comprehensive. The BCC said the budget failed to deliver meaningful growth or trade support and called an EU reset a strategic necessity. Some Labour figures have signalled interest in a deeper trading relationship, including a possible customs union, which would clash with manifesto commitments against returning to the single market, customs union, or freedom of movement.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]