A return to the Single Market might seem unlikely, but economics will eventually trump politics
by Jonathan Prynn
Nov 28, 2023
1 minute
It is approaching three years since the UK and the EU finally sealed the deal that would, supposedly, protect free trade across the Channel.
The so called Trade and Cooperation Agreement hammered out by and on Christmas” alternative, but self evidently desperately poor compared with what had gone before. A survey today from Bibby Financial Services reveals that 58% of SMEs — the bedrock of the British economy — that trade internationally are struggling with tariffs, customs and other barriers. It is the single most frequently cited challenge, ahead of the cost of doing business oversas and currency fluctuations.
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