The biggest British business groups urge the UK and EU to reach a deal on post-Brexit trade
- Over 70 British business groups have attempted to persuade
Britainand the European Union to reach a trade dealagreement.
- Organizations spanning multiple industries came together, urging both sides to strike a deal because it "matters greatly for jobs and livelihoods."
- The group of trade organizations, representing about 7 million people, said an ambitious trade deal would have an instant impact on their efforts to prepare for the end of the
Brexittransition period in December.
Over 70 British business groups have made a last-ditch effort to urge Britain and the
The groups involved come from a diverse range of industries including technology, financials, automotives, aviation, farming, pharmaceuticals, and chemicals. They said that securing a prompt trade agreement "matters greatly for jobs and livelihoods."The Confederation of British Industry, British Retail Consortium, TheCityUK, techUK, and the Society of Motor Manufacturers and Traders are some of the organizations that united to urge both sides to reach an agreement.
"It will help investment by removing the threat of tariffs and quotas. And it will catalyse confidence through enhanced customs co-operation while making a precious data agreement possible, vital for services industries which make up 80 per cent of the UK
Michael Gove, a senior British official, said on Monday the door is still "ajar" for the European Union to hold post-Brexit talks if Brussels officials change their minds on some key points. His statement contrasted to Prime Minister Boris Johnson saying last week that the UK must "get ready" to leave the transition period without an EU trade deal.