Brexit LIVE: Red tape fury leaves UK firms nervous over major review ‘Can’t afford wait’

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William Bain, head of trade policy at the British Chambers of Commerce, said the EU-UK Trade and Cooperation Agreement (TCA) contains over 1,000 restrictions on cross-border trade in services. He said there is a need for greater flexibility with the EU for greater clarity on short-stay business travel in the bloc. Mr Bains told the FT: “Businesses can’t afford to wait until the TCA review in 2026.”

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Red tape fury leaves UK firms nervous over major review ‘Can’t afford wait’

Small businesses in the UK are struggling with EU red tape – posing concerns about a major review date.

William Bain, head of trade policy at the British Chambers of Commerce, said the EU-UK Trade and Cooperation Agreement (TCA) contains over 1,000 restrictions on cross-border trade in services.

He said there is a need for greater flexibility with the EU for greater clarity on short-stay business travel in the bloc. Mr Bains told the FT: “Businesses can’t afford to wait until the TCA review in 2026.”

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Good morning, I’m Olivia Stringer and I’ll be bringing you all the latest developments on Brexit, for the next eight hours. Please feel free to get in touch with me as I work if you have a story or tips to share! Your thoughts are always welcome.

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