Thursday, 12 July 2018
Time to translate ambition into answers for business
Commenting on the release of the Government’s long-awaited White Paper on the future UK-EU relationship, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said: “At last, businesses have a more comprehensive understanding of the Government's aspirations for the UK's future relationship with the European Union.
“This vision should not have taken two years and three weeks to emerge, but it is nevertheless a welcome starting point for businesses.
"Momentum and pace are now needed to translate ambition into answers to the real-world, practical questions that businesses face. Even with the welcome direction of travel in the White Paper, companies still don't know how they'll be paying VAT, how they can move people between offices, or whether goods will get across borders with a minimum of fuss. It is incumbent on the two sides to work pragmatically and productively on the nuts-and-bolts detail of the future relationship over the coming weeks, drawing on business experience and expertise.
"Time is short - and for businesses, it's results that count."
Following publication of the White Paper, the leading business organisation maintained 22 'red-rated' and 2 'amber-rated' issues on its Business Brexit Risk Register, which brings together the 24 top questions being asked by businesses across the UK.
On this, Adam said: “Businesses still need clear and detailed answers on many of the practical, real-world questions they face. Many of these answers can only emerge through negotiations - so it’s time for the two sides to crack on and get to a deal. And we have said many times, and will say again, that the Government must deliver clarity wherever the answers to business questions are entirely within the UK's own control."
The British Chambers of Commerce also urged the Government to step up preparations for all eventualities - including 'no deal' scenarios -- to ensure that businesses have clarity on how the UK would operate its borders, immigration system and regulations in the event of a breakdown in negotiations.
Adam said: “Firms need clear guidance from the Government on preparations for all eventualities, so that they know how critical systems and borders would operate in the unwelcome scenario where a comprehensive deal cannot be reached."
Earlier this week, Scott Knowles, Chief Executive at East Midlands Chamber, said it was time for politicians to stop bickering and posturing and start delivering a Brexit that would work for business.
“Time is running out to secure a decent Brexit deal but publication today of the White Paper on Brexit should give business at least some hope that a seamless transition might be achieved.
“It should not have taken this long to make so little progress. I’m sure we could have achieved much more if politicians had focused on delivering Brexit instead of constantly bickering and posturing over it.
“Business cannot function effectively when faced with a massively uncertain future. It is a very poor state of affairs when the best Brexit advice we can give our members and the wider business community is to plan for the worst but hope for the best.
“Hopefully, in what little time there is left, we can move forward constructively. The Chamber will continue to support businesses as they plan for different scenarios.”