Union and business leaders issue joint appeal for progress in Brexit negotiations / Brexit: time running out for answers to firms’ real-world questions, says BCC / 8 out of 10 businesses say Brexit hits investment as speed of talks outpaced by reality firms face on ground

Author (Corporate) ,
Series Title
Series Details 27.06.18
Publication Date 21/10/2018
Content Type

Ahead of the European Council summit in Brussels, 28-29 June 2018, the Directors General of BusinessEurope and the Confederation of British Industry (CBI), Markus Beyrer and Carolyn Fairbairn, and the General Secretaries of the European Trade Union Confederation (ETUC) and the (UK) Trades Union Confederation (TUC), Luca Visentini and Frances O’Grady issued an unprecedented joint statement on the 27 June 2018 urging faster progress on Brexit negotiations - in particular, on key issues including regulatory alignment, frictionless trade and Northern Ireland.

The call mirrored those from major individual sectors in the recent past such as automotive and aerospace.

Further information

Further pressure from UK business representatives on the UK Government came on the 3 July 2018 when the British Chambers of Commerce published the two-dozen top real-world questions being asked on Brexit by businesses across the UK – and said the government had managed to make limited progress on just 2 of the 23 issues where clarity was urgently needed so that firms could plan their trade following the UK’s departure from the EU.

The leading business organisation called on the UK government to draw a line under internal political debate and deliver urgent clarity on the practical, detailed issues that underpinned trade – or face a continued deterioration in investment intentions and confidence as the clock ticked down to the October 2018 deadline to complete the UK’s Withdrawal Agreement.

Key issues to be clarified revolved around:

+ Tax
+ Tariffs and Rules of Origin
+ Customs
+ Regulation
+ Mobility
+ Participation in EU R&D projects.

The United Kingdom Prime Minister Theresa May hosted a Cabinet away day at Chequers on the 6 July 2018 to discuss and collectively agree the UK’s detailed vision for a new EU-UK relationship after Britain's departure after March 2019.

Following the Chequers meeting the Prime Minister was able to declare that an agreement had been reached and adopted by all Cabinet Ministers. The conclusions reached covered:

+ a substantial evolution of the existing UK proposals for the future relationship with the EU
+ agreement on the benefits of the model that should result from this position
+ the need to step up preparedness for the full range of scenarios that might result from the negotiations.

The Confederation of British Industry said 'Business will welcome the fact the Government has reached agreement. This is a genuine confidence boost and the Prime Minister deserves credit for delivering a unified approach'.

On the 3 August 2018 the Institute of Directors called on the Government to speed up publication of its ‘no deal’ guidance, as a survey of 800 business leaders revealed that less than a third had conducted any Brexit contingency planning.

Source Link http://www.cbi.org.uk/news/business-and-union-leaders-joint-appeal-for-brexit-progress/
Related Link(s)
Institute of Directors: Press Release, 12.07.18: Business leaders welcome more detail on Brexit, but key areas still missing https://www.iod.com/news-campaigns/news/articles/Business-leaders-welcome-more-detail-on-Brexit-but-key-areas-still-missing
CBI: News, 06.07.18: Our response to the Chequers Summit http://www.cbi.org.uk/news/our-response-to-the-chequers-summit/
Institute of Directors: Press Release, 03.08.18: Companies still in the dark on 'no deal' planning https://www.iod.com/news-campaigns/news/articles/Companies-still-in-the-dark-on-no-deal-planning
BBC News, 03.08.18: Firms being 'left in the dark' on Brexit https://www.bbc.co.uk/news/business-45052203
ESO: Find further information in ESO on the impact of Brexit on UK business interests http://www.europeansources.info/advSearchLink?keyword=brexit%20business%20impact%20&searchOption=all
ESO: In Focus: Brexit - Impact on business in the United Kingdom http://www.europeansources.info/record/brexit-impact-on-business-in-the-united-kingdom/
ESO: In Focus: Brexit - The United Kingdom and the European Union http://www.europeansources.info/record/brexit-the-united-kingdom-and-the-european-union/
ESO: Find further information in ESO on the impact of Brexit on UK trade unions and their members https://www.tuc.org.uk/research-analysis-results?term=brexit&after%5Bvalue%5D%5Bdate%5D=&before%5Bvalue%5D%5Bdate%5D=&type=All&report_type=All&topic=
BBC News, 27.06.18: Brexit: Businesses and unions call for urgency https://www.bbc.co.uk/news/business-44624342
UK: GOV.UK: Prime Minister's Office: Speech, 26.06.18: PM speech to Times CEO Summit: 26 June 2018 https://www.gov.uk/government/news/pm-speech-to-times-ceo-summit-26-june-2018
The Guardian, 03.07.18: Business running out of patience on Brexit, warn City organisations https://www.theguardian.com/politics/2018/jul/03/business-brexit-city-bcc-government-uk
ICAEW: Press Release, 03.07.18: PBSC letter to the Prime Minister https://www.icaew.com/en/about-icaew/news/press-release-archive/2018-press-releases/pbsc-letter-to-the-prime-minister
Conservative Home, 02.07.18: Nicky Morgan: If Cabinet Ministers aren’t prepared to listen to business, they should consider their position https://www.conservativehome.com/thecolumnists/2018/07/nicky-morgan-if-cabinet-ministers-arent-prepared-to-listen-to-business-they-should-consider-their-position.html
British Chambers of Commerce: Press Release, 28.06.18: BCC: new momentum needed from both sides for Brexit breakthrough http://www.britishchambers.org.uk/press-office/press-releases/bcc-new-momentum-needed-from-both-sides-for-brexit-breakthrough.html
British Chambers of Commerce: Press Release, 03.07.18: Brexit: time running out for answers to firms’ real-world questions, says BCC http://www.britishchambers.org.uk/press-office/press-releases/brexit-time-running-out-for-answers-to-firms%E2%80%99-real-world-questions,-says-bcc.html
CBI: News, 21.10.18: 8 out of 10 businesses say Brexit hits investment as speed of talks outpaced by reality firms face on ground http://www.cbi.org.uk/news/8-out-of-10-businesses-say-brexit-hits-investment-as-speed-of-talks-outpaced-by-reality-firms-face-on-ground/

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