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Kemi Badenoch has been criticised by business groups for trying to “shift the blame” after she told British businesses that international trade “isn’t too tough”.
Company bosses said they would prefer to retain the remaining EU laws rather than see them scrapped.
CPTPP member countries have a combined population of 500 million and GDP of £9 trillion. For reference, although the EU is a similar size, with a GDP of £11 trillion, the value of our total trade to the EU is much higher, at £557 billion.
IoD and unions among groups writing to government, saying move would cause business chaos, harm rights and threaten environment.
Business groups and unions are urging the government not to go ahead with plans to ditch a wide range of EU laws, warning the move could cause "confusion and disruption" in the UK.
Leading British business groups and unions have called on Rishi Sunak to delay post-Brexit plans to shred all retained EU laws by 2023.
The Institute of Directors and the West Midlands’ Tory mayor Andy Street have cited the UK’s relationship with Europe as a major impediment to business confidence and performance.
The Institute of Directors' economic confidence index for July, measuring business leaders’ confidence to invest in the UK, has barely improved since June.
There are mounting concerns over the lack of preparedness of businesses as the end of the final phase of the UK’s departure from the EU nears.
IoD warns a lack of preparedness will exacerbate port congestion when grace period ends in January.
And to add insult to injury, 16 per cent of UK firms have partially or entirely move their EU operations inside the single market.
Almost half of British businesses that traded with the EU pre-Brexit are doing less trade with the bloc, or have stopped entirely, since the UK left the single market and customs union in January, according to a new survey.
Up to £9.5bn-worth of UK exports to the EU between January and July have had tariffs placed on them despite “tariff-free” trade deal, analysis for Channel 4’s Dispatches shows.
The outgoing head of the North East’s largest business organisation has accused the Government of being ‘addicted to Brexit’ and unwilling to tackle any of the problems it has brought.
THREE-quarters of business leaders believe Brexit is damaging the UK economy, a poll has revealed.
One of the UK’s biggest business lobby groups has hit back at government advice to invest in domestic workers, saying the move will not solve short-term labour shortages that are increasingly putting retailers and supply chains under pressure.
January deadline is scuppering UK supply chains as they reel from the pandemic.
Two in five firms that trade with the EU expect to see a fall in business compared to before the coronavirus crisis, a new study suggests.
The UK’s export market suffered a total fall of £750 million - a 75.5 per cent decline from the previous January, the FDF said.
Letter says government needs to act quickly to resolve customs issues faced by exporters following Brexit
Bill set to include retroactive powers to scrutinize takeovers / Institute of Directors fears ‘chilling effect’ on investment
Businesses face 400 million extra customs declarations a year at a cost up as much as £20 billion under government plans.
Only one-quarter of business leaders say their organizations are fully ready for the end of the Brexit transition period, according to a survey by the Institute of Directors.
Education and business leaders point to lost income for country and opportunities for students
The prime minister blackballed business groups from his keynote speech on the future of EU trade talks yesterday, accusing them of failing to prepare their members for the “reality” of post-Brexit Britain.