Pragmatism not penalties can help new UK-EU relationship start strongly - CBI

Matthew Fell, CBI Chief UK Policy Director, said:

“New Year brings a new beginning for our relationship with the EU. Brexit will be what we make of it and a strong start can be a real platform to build from in the future.

“It’s incumbent on both sides to minimise disruption and keep goods moving as businesses get to grips with the changes from 1 January.

“It’s something of a surprise that businesses still do not yet know what awaits them as vehicles roll off and how each Member State will marshal the new rules on day one.

“Authorities can help by relying on pragmatism rather than penalties. Honest mistakes should be coached, not penalised in the coming weeks.

“Issues that may arise must be solved quickly and the CBI is on hand to help the Government by getting information and guidance to businesses fast.

“As firms adjust to new processes and procedures, they will be keen to see quick progress on issues outside of the deal to support business. Greater regulatory cooperation on financial services and mutual recognition of professional qualifications, are just two business-critical issues that will make a material difference.

“Over the coming weeks and months, it’s vital that government and business work closely to shape the new relationship with the EU and ensure the UK remains a competitive, dynamic and innovative economy.”