The CBI has welcomed the ’s backing for a comprehensive
customs union with the EU, a ‘real world’ solution that has been
called for by thousands of business of all sizes and sectors
across the UK.
Carolyn Fairbairn, CBI Director-General,
said:
“The Labour leader’s commitment to a customs union
will put jobs and living standards first by remaining in a close
economic relationship with the EU. It will help grow trade
without accepting freedom of movement or payments to the
EU.
“Growing trade is not an ‘either or’ question –
Germany already exports five times as much with China as the UK
from within the customs union. Many thousands of ambitious UK
firms are looking to break into new markets. These companies need
Government to focus on making access to markets simpler, not
putting up barriers to our most important trading
partner.
“Importantly, a customs union will go part of the way
to providing a real-world solution to the Irish border question
that is of such urgent concern to the people and firms of
Northern Ireland.
“This evidence cannot be ignored. To do so would
create barriers where there are none, risking prosperity and
future living standards.
“But businesses have their eyes wide open on Labour’s
overall rhetoric on re-nationalisation. If Labour turns its back
on good collaboration between the Government and the private
sector - putting vital sectors solely in the hands of politicians
- public services, infrastructure and taxpayers will ultimately
pay the price. The CBI will continue to engage with the to find better solutions to
the shared challenges we face.”
Notes to Editors:
The CBI first called for a comprehensive
customs union in January 2018. The CBI also
backed a status quo
transition in July 2017.
