February 03, 2017

Following Theresa May’s landmark speech on the government’s objectives for the Brexit negotiations, the government published a White Paper outlining some more detail around its twelve objectives for Brexit and the UK’s future relationship with the EU.

The White Paper covers similar ground to the speech, so there are many objectives we can welcome, including the commitment to seeking the freest possible trading arrangements with the EU although leaving the Single Market reduces the options available to achieve this, ambitions for growth in international trade, and avoiding regulatory cliff-edges.

There was some additional detail on areas business has been seeking more clarity on, such as how EU law will be transposed into UK law and commitments to maintaining the stability of UK-EU data transfers.

The government has also recognised that more work will be needed in a number of key areas, like understanding the immigration needs of different sectors and regions, and the need to negotiate future arrangements for EU regulatory agencies, which play an important role in many sectors.

There are issues, however, which remain conspicuous by their absence in government’s Brexit plans, such as its approach to non-graduate migration after we leave the EU. We will continue to push the government for more clarity on these areas, while engaging positively in the UK and across Europe to help deliver the best possible deal for UK business.

To read the – CBI’s analysis of how the government’s twelve objectives relate to the CBI’s six key principles to make a success of Brexitclick here

Source: CBI

February 02, 2017

The CBI will support the Government to secure the best possible outcome for the UK

The CBI has responded to the publication of the Government’s White Paper on Brexit.

Carolyn Fairbairn, CBI Director-General, said:

“We welcome the additional detail that has been given in this White Paper addressing some of our concerns. It is vital that the business voice continues to be heard loud and clear in the UK and across Europe to make a success of Brexit and ensure our future prosperity.

“Falling back on WTO rules would be damaging so the pressure is on to deliver the best possible deal, as well as a smooth and orderly exit.

“The UK faces skills and labour shortages so businesses will welcome the opportunity to help design a post-Brexit migration system which works for all sectors. “It is critical that business has access to the graduate and non-graduate workers our economy needs to thrive.

“The Government is right to recognise the importance of the views of the devolved nations, so businesses across the UK will want to feel they are being listened to.

“The CBI will support the Government to secure the best possible outcome for the UK.”

Source: CBI

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