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

Edmonton city council debates bylaw to ban sale of knives in convenience stores

iStock image

Edmonton city council debates bylaw to ban sale of knives in convenience stores

Edmonton city council is discussing what it would take to ban knives from being sold in convenience stores, state recent reports.

A key issue during the community and public services committee held on Monday (20) was wading through the potential legal ramifications of defining what a knife is and whether some businesses owners may try to find loopholes to be able to sell knives.

Keep ReadingShow less
Things to know about new Simpler Recycling reforms

iStock image

Things to know about new Simpler Recycling reforms

With just 70 days left to go until the government’s new Simpler Recycling reforms are implemented, most businesses are not prepared for the changes in the rule, claims a leading business waste management service.

Although the UK's overall recycling rate has seen a significant rise, reaching 44 per cent in 2015 compared to just 17 per cent in 2008, progress has plateaued in recent years, with indications that the rate may now be declining.

Keep ReadingShow less
Lioncroft Wholesale founder made Aston University’s new Chancellor

Lioncroft Wholesale founder made Aston University’s new Chancellor

Birmingham entrepreneur and leading wholesale figure Dr Jason Wouhra OBE has been officially installed as Aston University’s new Chancellor.

Dr Wouhra, Aston University’s youngest Chancellor and the first of Asian heritage, was presented with the chancellor’s chain at the beginning of the University’s first winter graduation which was held at Symphony Hall in Birmingham city centre. Spread across three ceremonies, approximately 4,500 graduates and guests attended the event.

Keep ReadingShow less
New buying group shares future vision

New buying group shares future vision

In addition to announcing six brand new members within the first week of January, the new buying group The Wholesale Group last week hosted two briefing events for senior suppliers where it shared details of its plans and future vision.

The senior supplier briefing event, held at Soho Hotel, London last week, saw more than 50 channel directors in attendance plus 150 representatives from leading FMCG suppliers, across all product categories.

Keep ReadingShow less
vape pen
Photo: iStock

Safer alternatives to cigarettes could save millions of lives and billions of pounds, says think tank

Promoting safer alternatives to cigarettes could save 19 million years of life by 2030 and reduce smoking-related costs to taxpayers by up to £12.6 billion annually, a new report from the Adam Smith Institute (ASI) has revealed.

The think tank argues that the UK government's current approach to achieving a Smoke Free 2030 - defined as reducing smoking rates to 5 per cent or lower - is both illiberal and unworkable and will significantly set back progress against smoking related harm. The ASI warns that policies such as a generational tobacco ban, a new tax on vapes, and restrictions on heated tobacco products and flavours will hinder harm reduction efforts.

Keep ReadingShow less