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Beneficial alignment key to overcoming Brexit barriers

Campaigners call for beneficial regulatory alignment with the EU as new report shows that Brexit continues to have a 'stifling' impact on UK trade. 

The report, by economists at Aston University, includes modelling which estimates that annual exports to the EU are 17% lower and imports 23% behind where they would be if Brexit had not occurred, with negative impacts increasing during 2023. 

Best for Britain advocates the 114 recommendations published by the cross-party UKTBC last year and which are designed to remove barriers to growth, get inflation falling and the economy growing.

Tom Brufatto, Director of Policy at Best for Britain said,

This report reinforces the fact that the UK economy will continue to suffer as long as the unnecessary trade barriers contained in the TCA remain in place.”

“The new Government must make every effort to introduce beneficial regulatory alignment with our largest and closest market in the EU, to remove these barriers, reduce costs and unlock much needed economic growth.”