The Trade and Cooperation Agreement, set up to govern trade between the UK and the EU is continuing to present major problems for thousands of small and medium-sized companies Thousands of UK businesses are “banging their heads against a brick wall” fighting the bureaucratic mess set up after Britain left the European Union, a leading business lobby group has warned.
It found that more than three quarters of firms trading with Europe said it fails to help them increase sales or grow their business while more than half said firms face difficulties adapting to the new rules. It said there were trade barriers which could be tackled within TCA, barriers which required additional arrangements sitting alongside the TCA and a third set of problems “which remain unresolvable in the current UK political context.”
Shevaun Haviland, Director General British Chambers of Commerce, speaking during the British Chambers of Commerce