Dear John
If you thought the cost of living crisis wasn’t about
Brexit, think again.
The government's Brexit deal means
new customs checks and regulations have come into force causing trade
friction at our borders. Businesses now need to fill out customs forms
and follow processes that simply didn't exist when we were an EU
member.
The latest UK Trade and
Business Commission evidence session explored how import checks and
controls introduced as a result of the UK’s departure from the EU are
adding to costs for consumers and businesses.
Last week’s UK Trade and
Business Commission evidence session, convened by Hilary Benn MP and
Peter Norris of the Virgin Group, found that businesses across the UK
are struggling with the uncertainty and added administrative burdens
of post Brexit checks and controls.
All this means higher prices in
shops, less choice for consumers and a whole lot of hassle for
businesses who are struggling to turn a profit, trade with the EU and
source the materials they need. One witness said children’s school
shoes will see a £10 price rise because of Brexit red tape
You can watch the full
commission session here.
Despite the UK Government
touting the trade agreements it is forging around the world in the
wake of Brexit, importers noted the negligible benefit these
agreements offer in comparison with the significant disruption caused
by leaving the EU.
To find out more about the
session and subsequent recommendations, do take a look at our blog
from External Affairs Officer Jake Verity.
The key aim of the Commission
is to make practical recommendations to the UK Government. The current
Brexit deal is not working, and people and businesses are struggling
up and down the country.
Naomi Smith
CEO - Best for Britain
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