We offer a range of high quality accounting, financial and business services in and around Milton Keynes.

Business groups respond to announcement of new Brexit deal

18 Oct 2019

Business groups, including the Confederation of British Industry (CBI), the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) have responded to the government's announcement of a new Brexit deal between the UK and the EU.

The new deal needs to be approved by both the UK and the European Parliaments. It will be put before the UK Parliament on 19 October.

The CBI was largely positive in regard to the new deal. Dame Carolyn Fairbairn, its Director General, said: 'If agreed by Parliament, this deal unlocks a transition period, guarantees the rights of four million citizens living abroad in the UK and EU, and opens a pathway to a new EU/UK partnership.

'It would keep trade flowing freely across the island of Ireland and, most importantly, avoid a damaging no-deal scenario.'

Meanwhile, the BCC stated that there is 'still a long way to go before businesses can plan confidently for their future'. Dr Adam Marshall, Director General of the BCC, said: 'Companies across the UK and around the world will be paying close attention to what happens next – and whether the deal agreed can secure Parliamentary support. For business, this deal may be the end of the beginning – but it is far from the beginning of the end of the Brexit process.'

The IoD urged MPs to 'keep in mind the damage a disorderly exit could cause businesses large and small'. Jonathan Geldart, Director General of the IoD, commented: 'A further extension offers no guarantees of avoiding this outcome, but if a passable deal is in touching distance then politicians on all sides should be pragmatic about giving us the time to get there.'

Register

Why not register to receive our monthly newswire? This is packed full of essential business news and handy tax tips to help save you money.

Learn more

Tax Calendar

Our handy tax calendar provides an overview of the key tax dates for your diary.

Learn more

Calculators

B2B’s interactive tax calculators can be used to calculate VAT due, the taxable benefits on your company car and how much your savings are worth.

Learn more

Home | About us | Contact us | Logon | Register | Accessibility | Disclaimer | Help | Site map |

© 2019 B2B Business Advisors Limited. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Chartered Tax Adviser

Registered in England, Company Registration number – 7906656. Registered Office – 58b High Street, Stony Stratford, Milton Keynes, MK11 1AQ. Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers. Registered to carry out audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.