Business and Innovation Projects. News - 17 May 2021

Small Business owners in D2N2 urged to give evidence on trading with Europe to UK Trade and Business Commission

Small business owners in D2N2 who have been impacted by the UK’s new trading arrangements with the EU are being urged to provide evidence for the cross-party Trade and Business Commission, so that the voice of every sector is heard by the government.

The Commission is looking to hear from a wide range of people representing all four nations and every sector of the economy, as part of a collective response to the Government’s trade agreements.

The UK Trade and Business Commission brings together eleven MPs from nine different parties and all four nations of the UK, along with business leaders and experts, to provide independent scrutiny of the EU-UK agreement and trade deals. It is co-convened by Hilary Benn MP and the Chairman of Virgin Group Peter Norris, and the secretariat is provided by the cross-party group Best for Britain.

The commission is due to hold a live evidence session on the impact of the EU-UK trade agreement on small businesses later this month on Thursday 27th May 2021.

It comes after economists told the commission last month that small businesses have been particularly impacted by the UK’s new trading relationship with the EU. The commission has also heard from food industry representatives who warned that many smaller businesses in their sector are giving up on trade with Europe because of the additional paperwork and bureaucracy involved.

Business owners can submit evidence via the trade and business website, following the link here

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