On the day that the opportunity for an extension to the transition period expires, I have joined businesses associations, entrepreneurs and small to medium sized businesses representing over 20,000 people, in this open letter sent to the Prime Minister.
This call is for needing a close relationship and deal with the EU. It is not to reopen old divisions about remaining or leaving. What we now need is a common sense approach to our relationship with the EU. The Government must now deliver for us all, and deliver on their promise to get a good deal, not a bad deal and definitely not a no deal.
For those that argue this call is undemocratic, I believe you are wrong, all we are asking for is what we have been promised numerous times, right back to the promises made in the original referendum leave campaign; “full access to the single market” and an “ambitious, wide-ranging & balanced economic partnership” that entails “no tariffs, fees, charges or quantitative restrictions across all sectors”. That can only be delivered through a closely aligned deal with the EU.
The business alliance now calls for the government to deliver on these new trading arrangements with full transparency.
The letter also featured in the Financial Times on the 1st July here
The letter in full and 110 signature of entrepreneurs, business organisations and small to medium sized manufacturers is here:
Dear Prime Minister,
Today marks the point of no return for needing to agree an EU trade deal and prepare the country for that by the end of this year. That focuses the mind, and we assume that is your hope, to put pressure on such a deal being found.
It is however also a huge gamble. With the coronavirus pandemic having created an enormous economic shock across the UK and around the world. With just six months to go, to the end of the Brexit transition period in December, a no-deal outcome would be hugely damaging to the UK economy. Resulting in more people out of work and lower living standards.
The Government’s own analysis suggests that the downside of a no-deal exit, compared to continuing with our current arrangements, would be approximately 8% of GDP in 15 years’ time – perhaps more. We are now witnessing increasing global trade tensions, and a sharp focus on localising of supply chains, that will make promised trade with the USA, China and others more difficult. This will make even the most optimistic upside from global trade of 0.7% of GDP in 15 years less likely.
To minimise the downsides, it is vital that the UK achieves the best possible trading arrangements with the EU and other countries. We are calling for these trading arrangements to uphold the common high standards currently applicable on both sides in the areas of state aid, social and employment standards, environment, climate change and tax.
Continued alignment with the key EU regulatory bodies that allow free flow of products in such areas as pharmaceutical, medical, and chemical supplies is also essential to keep non-tariff barriers to a minimum. The UK’s financial services businesses also urgently need assurance of an equivalence agreement with the EU that is broader than the traditional arrangements and gives them much greater certainty.
In addition, businesses simply do not have time or capacity to prepare for big changes in trading rules by the end of the year – especially given that we are already grappling with the upheaval caused by coronavirus. Securing deals that match the current arrangements as closely as possible is therefore even more essential to make those adjustments easier.
We are therefore calling on you to ensure full transparency over the substance of these negotiations and these deals, to enable proper assessment of the potential economic consequences and through that assure us that the economic downside on our businesses can be minimised.
If, despite the warnings from business and others, the Government pushes ahead with no-deal or a bad deal at the end this year, it will create a further economic shock and cost people’s jobs, which we desperately want to avoid, especially at this point when our businesses need to be focused on recovering from the coronavirus crisis.
Yours sincerely,
Signed by 110 mainly small to medium sized businesses and with significant experience of trading with the EU. We are all proud to create significant value for the UK economy and our interest is to continue doing so:
Dan | Aherne | New England Seafood International | CEO |
Rob | Arnot | Cavagna Group UK Ltd | Managing Director |
Tony | Bannan | Precision Technologies Group (PTG) Limited | CEO |
Shaun | Bennett | Paragon Inks (Holdings) Ltd. | Managing Director |
Mike | Berry | BGS International Limited | Managing Director |
Adrian | Binks | Argus Media Group | Chairman & Chief Executive |
Bob | Bischof | German British Forum | Chairman |
Michael | Bischof | Pentagon Sports (Cheshire) ltd | Managing Director |
Tom | Bowtell | British Coatings Federation | CEO |
Alan | Breeze | Breeze & Associates Ltd | Director |
Nick | Brooks | 4CM Ltd | Managing Director |
Peter | Brown | Neill & Brown Global Logistics Group Ltd | CEO |
David | Brown | Neida Ltd | CEO |
Stephen | Bulmer | Biesse Group UK Limited. | CEO |
Marcus | Burton MBE | Yamazaki Mazak UK Ltd | Non-Executive Director |
Roy | Butler | Butlers of Kent | Director |
Alan | Carradice | The White Sea & Baltic Company Ltd | Managing Director |
Sandy | Chen | Graphene Composites | CEO |
Alex | Chesterman | Cazoo | Founder & CEO |
Martin F | Cicognani | Richard Baker Harrison Ltd | Managing Director |
Andrew | Clarke | Centre Colours Ltd | Director |
Sir Cary L. | Cooper | signing in personal capacity | |
Tim | Cotterill | James Lister and Sons Limited | Chairman |
Tim | Cowen | Antitrust Practice | Chair |
Barry | Crompton | Abrasive Finishing Systems Ltd | Managing Director |
Simon | Curtis | Haynes and Boone LLP London | Senior Counsel |
Ellen | Daniels | British Compressed Gases Association (BCGA) | CEO |
Tim | Darch | Quick Grind Limited | Commercial Manager |
Yves | de Contades | The Excellence Group | Managing Director |
Emma | Degg | North West Business Leadership Team | CEO |
Dinesh | Dhamija | Ebookers | Founder and former CEO |
Andrew | Dixon | ARC InterCapital | CEO |
Richard | Duncalf | Hervia Group | Chairman |
Geoff | Eaton | Butcher’s Pet Care Ltd | Chairman |
Stephen | Foster | Vickers Laboratories Ltd | Managing Director |
James | Fudge | MTA | Hd of Events & Members Services |
Tim M | Gibbons | SPARKFORD Chemicals Ltd | Managing Director |
Kevin | Gilbert | Mills CNC Ltd | Managing Director |
Richard | Gilkes | Stort Chemicals Ltd | Managing Director |
Stephen | Gosling | Adams Aviation Supply Co Ltd | Former CEO |
Keith | Gould | Gelpke & Bate Ltd | Director |
Carol | Hagh | Old Game New Rules | Founder |
Peter | Harding | Advanced Grinding Supplies Limited | Managing Director |
Kim | Hicks | Sawcraft UK Ltd. | Company Secretary |
Lisa | Hipgrave | IFRAUK (Trade Association | Director |
Jason | Hornsby | Navigator Terminals UK Limited | CEO |
Dermott | Hughes | Western AS Ltd | Managing Director |
Kate | Humphrey | TAMS UK LTD | Managing Director |
Edward | James | Citizen Machinery UK Limited | Managing Director |
Simon | Jordon | SCHÜTZ (UK) Ltd | General Manager |
Hiroshi | Kawai | Fujichem Sonneborn Limited | CFO |
Daniel | Kaye | Hawks Chemical | Director |
Julian | Kear | Phase 3 CNC / Spindle Revolution Ltd | Managing Director |
Ted | Kennedy | Pebble Hotels | Chairman |
Caroline | Kenyon | The Food Awards Company | Director |
Mottie | Kessler | 2M Holdings Ltd | Chairman & CEO |
Donna | Kifford | Dakram Materials Ltd | Sales & Quality Assurance |
Ewan | Kirk | Cantab Capital Partners | Founder and CIO |
Alan | Looney | Natchemco UK Ltd. | Managing Director |
Martyn | Lyons | Inter Terminals | CEO |
Juergen | Maier CBE | Siemens UK | Former CEO |
Tilly | McAuliffe | Think Publishing and & Wanderlust Publications | Owner |
Sarah | McCartney | 4160 Tuesdays Ltd | CEO |
Becket | McGrath | Solicitor | |
Jim | Mercer | BOC Limited | Executive Director, Ops |
Matthias | Meyer | Heller Machine Tools UK | Managing Director |
Bob | Milton | Tapfreight Ltd. | Managing Director |
Kate | Mingay | Dakram Materials Ltd | Managing Director |
Dr Simon | Murdoch | Episode 1 Ventures | Managing Partner |
Matt | Neale | Tessiant | Managing Partner |
Peter | Newport | Chemical Business Organisation | Chief Executive |
Michael | O’Mara | Michael O’Mara Books | Chairman |
Rafe | Offer | Sofar Sounds | Founder and Chair |
Mark | Peers | Supply Point Systems Ltd, | President |
Mark | Petterson | Signing in personal capacity | Company Founder and Director |
Neville | Prior | Cornelius Group plc | Chairman |
Vicky | Pryce | Former joint head of the government economic service | |
Martin | Rimmer | Masterclass Group | CEO |
Henry | Ritchotte | RitMir Ventures | Founder |
Martyn J | Round | H S Richards Ltd | Managing Director |
Beate | Ruebig | Fronius UK Ltd | Managing Director |
Alister | Scott | The One Leadership Project | Co-Founder |
Lee | Scott | Starrag UK Ltd. | Director |
Ian | Seager | Seager Publishing Ltd | Owner |
Kevin | Sefton | Untied | CEO |
James | Selka | Manufacturing Technologies Association | CEO |
Howard | Sellers | signing in personal capacity | |
Jonathan | Sellers | A-Gas Electronic Materials | Managing Director |
Geeta | Sidhu-Robb | Nosh Detox Delivery Ltd | CEO |
Janis | Sinton | TasteTech Ltd | Managing Director |
James | Smith | Kalsec Europe Limited. | Managing Director |
James | Stansfield | Filtermist International | CEO |
John | Stapleton | New Covent Garden Soup Co & Little Dish | Co-Founder |
Martin | Steele | Safapac Holdings Ltd | Chairman |
Mike | Stein | Valo Therapeutics Ltd | CEO |
Philip | Tarleton | Meade-King, Robinson & Co. Ltd | Managing Director |
Graham | Tattam | Siegwerk (UK) Ltd | Sales Manager UK & IRL |
Jessica | Taylor | Chantry Chemicals Ltd | Business Ops Director |
Andy | Toms | TML Laser | Director |
Stephen | Totty | Star Micronics GB Limited | Managing Director |
Peter | Tresadern | INX International UK Ltd. | Managing Director |
Ernst | Wagner | Kasto Limited UK | Managing Director |
Ylva | Wahlberg | Ostling Etchmark Ltd | Director |
Kenton | Ward | LIVE IT Group Ltd | CEO |
Phil | Wedgewood | Engage Solutions | CEO |
David | Wilkins | Kaltenbach Ltd | Managing Director |
John | Wills | Tyrolit ltd | Managing Director |
Margaret | Wood MBE | ICW (UK) LTD | Chair |
Steve | Woollven | Reliance Precision Ltd | Managing Director |
Ian | Wrigglesworth | Durham Group | Chairman |
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