CBI responds to plans for Brexit Bill

The CBI has responded to government plans to add a new clause to the Brexit Bill to rule out any extension to the transition period beyond the end of 2020.

Carolyn Fairbairn, CBI Director-General:

“Business has had enough of uncertainty and shares the Prime Minister’s ambition for a fast EU trade deal.  With only a year to go, we are committed to working with the Government to secure an ambitious deal that supports all sectors of the economy. Every step in the negotiations will have an impact on jobs, firms and communities. 

“Speed and ambition can go hand in hand if the right approach is taken. There’s no time to lose, with a top priority being to build a best-in-class trade architecture, with business round the table, enabling EU trade talks to begin early in the new year. Firms stand ready to bring the evidence needed from factories and boardrooms across the UK to enable a good trade deal to be agreed as quickly as possible.”