Brexit: Sticking to EU rules 'vastly' more beneficial than creating UK's own, says business group

Back to overview

Brexit: Sticking to EU rules 'vastly' more beneficial than creating UK's own, says business group

16 April 2018

“The economy will be much better off if the UK sticks closely to EU rules rather than creating its own after Brexit, a leading business group has said.

Eighteen of 23 sectors analysed would benefit from regulations that remain aligned with Brussels, the Confederation of British Industry found. 

It said the costs of divergence would "vastly outweigh" the benefits in most parts of the economy.”

“In sectors such as aerospace, chemicals, aviation, financial services and technology, the majority of important regulation should remain the same in order to protect the economy and jobs, the CBI concluded.”

Source: https://www.independent.co.uk/news/business/news/brexit-uk-keeps-eu-rules-laws-after-departure-good-for-economy-cbi-divergence-a8298451.html