Published On: Tue, Jul 3rd, 2018

Theresa May handed 24 Brexit business questions that need answering NOW | City & Business | Finance


The British Chambers of Commerce told MPs to “stop the squabbling” and get on with Brexit, as it loses patience with the lack of progress.

The BCC, which represents 75,000 businesses employing over 5 million people – warned the government firms are at “breaking point”.

The BCC published a list of 24 “real-world” questions it says urgently need answers as the UK’s EU exit approaches.

BCC director-general Adam Marshall said: “Over the past two years, businesses have been patient.

“We have supported the Government’s drive to seek the best possible deal for the UK economy.

“Now, with the time running out ahead of the UK’s exit from the EU, business patience is reaching breaking point.

“With less than nine months go to until Brexit day, we are little closer to the answers businesses need than we were the day after the referendum.

“It’s time for politicians to stop the squabbling and the Westminster point-scoring – and start putting the national economic interest first.”

Questions cover concerns including uncertainty over staff, with the BCC asking whether businesses will be able to hire EU nationals in the future and under what conditions.

Other questions include whether VAT will need to be paid on imports and what red tape will still stand, or be added.

Prime Minister May will try to clarify business concerns during Cabinet crunch talks on Brexit at her Chequers retreat on Friday.

Pro-Brexit Conservative MPs are angered by the prospect of extending the transition phase and keeping businesses in limbo over the UK’s future trading relationship.

Remaining bound to the customs union denies the UK the right to forge new trade deals, while a binding condition of the EU’s single market is the freedom of movement of people.

More than 30 have signed a letter to Mrs May urging her to face down people trying to “undermine” the 2016 vote to leave the EU, demanding clarity for voters and businesses that include not replicating the EU’s customs union and an end to the free movement of EU citizens.

The MPs said: “Our departure must be absolute.

“We must not remain entangled with the EU’s institutions if this restricts our ability to exercise our sovereignty as an independent nation. Anything less will be a weakening of our democracy.

“Britain must stand firm.”



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