Skip to content
Search
AI Powered
Latest Stories

British Chambers of Commerce calls for improved EU links

British Chambers of Commerce calls for improved EU links
An anti-Brexit campaigner poses for a photograph on January 31, 2024 in London, England. (Photo by Carl Court/Getty Images)
Getty Images

Britain's business community called Thursday for whatever government emerges from the looming UK general election to improve relations with the European Union and lighten post-Brexit trade burdens.

The British Chambers of Commerce (BCC) issued the plea in a five-point "election manifesto" before the July 4 vote, also urging the completion of key trade deals.


Prime minister Rishi Sunak, whose governing Conservatives took Britain out of the European Union in 2021, are far behind the opposition Labour party in opinion polls amid a cost-of-living crisis that critics argue has been exacerbated by Brexit.

"The (next) government must negotiate improved UK trading terms with our largest trading partner, the European Union and complete the current pipeline of free trade negotiations including Switzerland, Gulf Co-operation Council, Turkey, and India," the BCC said in a statement.

"A new focus on ensuring businesses large and small are getting the full benefits from trade deals current and new is needed from government," added the BCC, which represents thousands of companies across Britain.

The EU bloc accounts for about 42 per cent of all British exports according to the BCC.

"The EU is the UK's biggest market... Leaving the EU has made it more expensive and bureaucratic to sell our goods and services across the Channel," added its director general Shevaun Haviland.

"But better trading terms are possible if the UK government and the EU reach agreement in areas of mutual benefit for business in both markets."

The BCC is also urging Britain's incoming administration to boost green innovation, skills investment, reform business taxation, and appoint a government champion to oversee the cutting-edge artificial intelligence sector.

"The start of a new government, regardless of party or whatever coalition takes form, is a good moment for a reset," said Haviland.

"It's an opportunity to look forward and action the plan the country voted on.

"We have set out five priorities for immediate action to put in place the right policies and structures that will turn the flywheel of the economy, so that business can step up and make the best of these opportunities," she added.

Britain voted to leave the EU in a knife-edge 2016 referendum after Brexiteers, including former prime minister boris Johnson, promised "sunlit uplands" of economic prosperity.

The UK economy however sank into recession in the second half of 2023, as elevated inflation sparked a cost-of living crunch.

More for you

A woman walks past a window display promoting an ongoing sale

A woman walks past a window display promoting an ongoing sale, on December 13, 2024 in London, England.

Photo by Leon Neal/Getty Images

Retail sales disappoint before Christmas

UK retail sales rose less than expected in the runup to Christmas, according to official data Friday that deals a fresh blow to government hopes of growing the economy.

Separate figures revealed a temporary reprieve for prime minister Keir Starmer, however, as public borrowing fell sharply in November.

Keep ReadingShow less
Sybren Attema, and Betty Eekchaut

Presidents Sybren Attema, FrieslandCampina, and Betty Eekchaut, Milcobel

Yazoo parent FrieslandCampina announces merger with Belgian rival Milcobel

Dutch dairy collective FrieslandCampina has agreed to merge with smaller Belgian rival Milcobel, creating a leading dairy cooperative.

FrieslandCampina, whose brands include Yazoo and Chocomel, said the merger will provide the foundation for a future-oriented organisation that has dairy front and centre for member dairy farmers, employees, consumers, and customers.

Keep ReadingShow less
Retail Shoplifting. Man Stealing In Supermarket
Photo: iStock

Home Office reaffirms commitment to abolish £200 shoplifting threshold

The UK government has pledged stronger measures to combat anti-social behaviour and shoplifting, which it acknowledges as serious crimes that disrupt communities and harm businesses.

Addressing a House of Lords debate on Monday, Home Office minister Lord Hanson detailed plans to abolish the controversial £200 shoplifting threshold and to introduce a new offence for assaults on retail workers.

Keep ReadingShow less
post office store
Photo: Post Office Ltd

Post Office launches wellbeing hub to support postmasters amid rising retail crime

In response to the mounting pressures faced by postmasters across the UK, the Post Office has unveiled a centralised wellbeing platform aimed at simplifying access to support resources.

Post Office said the surge in shoplifting and violent incidents, documented in the 2024 ACS Crime Report, has only intensified the demand for comprehensive support.

Keep ReadingShow less
Independent retailers face mixed outlook for 2025 – Bira
iStock

Independent retailers face mixed outlook for 2025 – Bira

Independent retailers have weathered one of their most challenging years in 2024, with multiple headwinds affecting the sector, according to the British Independent Retailers Association (Bira).

With pressures mounting throughout the year, independent retailers have faced an increasingly difficult trading environment marked by changing consumer behaviour and economic uncertainties.

Keep ReadingShow less