The CBI has responded to the latest publication
of technical notices by the UK Government in the event of a ‘no
deal’ Brexit scenario.
Carolyn Fairbairn, CBI
Director-General, said:
“These notices make clear firms would be hit
with a sledgehammer in the event of ‘no deal’. They also
illustrate the extent of the disruption consumers can expect if
ideology wins over evidence.
“Commitments to continue regional funding and
maintain high environmental standards are positive.
However extra costs, duplication of certification and
interruptions to data flows would damage the economy, with a
knock-on impact for living standards.
“But it is right that Government helps
businesses – particularly smaller firms – plan for ‘no deal’ and
the changes that will come when the UK does strike a deal. What
all companies now need is a one stop shop to get the information
and support they require to protect supply chains and employees’
jobs throughout the negotiations.
“Meanwhile, efforts on all sides should be
geared towards securing the Withdrawal Agreement to protect the
transition period. This will provide temporary but essential
relief for businesses of all sizes and sectors. Then attention
can turn to the vital task of finalising our future economic
relationship with the EU.”