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EEF backs CBI call for transition period in Single Market & Customs Union

14 July 2017

Commenting on the CBI’s call for the UK to stay in the Single Market and Customs Union until a final deal with the EU is in place, Terry Scuoler, Chief Executive of EEF, the manufacturers’ organisation, said:

“The absence of any clarity for businesses makes this a sensible approach to transition. The brinkmanship involved in taking Brexit negotiations to the line, while leaving businesses guessing about the likely outcome, risks causing serious economic damage. That’s why the Government’s negotiating position must focus on achieving a sensible transition for business in both the UK and the EU.

“With a reasonable transition period we can seek to maintain the economic benefits of participation in the Single Market and Customs Union. And move quickly to partially settling concerns expressed by many companies that the current approach to Brexit is akin to freewheeling.”

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