Dear John,

The true cost is coming out.

The Office for Budget Responsibility yesterday confirmed Brexit will cause both a short-term and long-term drop in UK GDP.

Meanwhile, ministers remain silent on visa-free touring for musicians, as Labour calls on the “arrogant” government to publish an economic impact assessment of their thin trade deal.

 

This week JP Morgan’s CEO has also said Brexit “cannot be positive” for the UK financial services sector. We’ve already seen €6 billion in trading volumes  migrating to the EU.

 

Britain needs a complete overhaul of the UK-EU trade deal if vital jobs are to be protected. Sign the open letter calling on the Prime Minister to form a specialised, interdepartmental task force to level-up our trade in services with the Europe.

 

 

As the UK and the EU sign a ‘memorandum of understanding’, Best for Britain welcomes the first tentative steps towards cooperation. But this is a far cry from the access we enjoyed as a member of the single market.

 

We will only ever receive piecemeal unilateral concessions from the EU until the UK commits to meaningful regulatory alignment.

 

Thousands of musicians are still waiting for the visa-free touring they need to bounce back from COVID. The government promised it would be included in negotiations. The Prime Minister promised he was doing everything he could. But now, it’s gone silent.

 

Many sectors, from finance to culture, desperately need better trading conditions. Sign the letter to Boris Johnson. Call on the Prime Minster to level-up trade in services.

 

 

The government’s trade deal is destabilising our economy, devastating businesses and now, threatening peace in Northern Ireland.

 

It’s time to admit this arrangement is not fit for purpose.

 

Best wishes,

 

Naomi Smith
CEO, Best for Britain.


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