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Brexit survey highlights regional businesses' Brexit wish-list

Brexit survey highlights regional businesses' Brexit wish-list

Companies across Coventry and Warwickshire are urging the Government to find a Brexit settlement that will help them trade with the EU easily.

Companies across Coventry and Warwickshire are urging the Government to find a Brexit settlement that will help them trade with the EU easily.

The British Chambers of Commerce has been surveying its members across the UK and companies in the West Midlands have said they are reticent to rely on WTO rules after the exit from the EU.

Just four per cent said they were happy to rely on WTO rules following Brexit – 47 per cent want to stay in the Customs Union and the Single Market, 23 per cent want to stay in the Customs Union alone and 17 per cent want to stay in the Single Market.

Forty-three per cent of companies would like to see a three year transition period to help them ‘find their feet’ after Brexit, while 16 per cent of businesses wanted longer than three years – only 24 per cent would be happy with no transition period.

Martyne Manning, the policy officer at the Coventry and Warwickshire Chamber of Commerce, said: “We launched a Brexit Club at the turn of the year to help advise businesses and to also hear their concerns.

“We have heard individual stories of how Brexit could affect companies across the patch depending on the final deal but it has been good to take a view from firms right across the region.

“There isn’t consensus on the exact detail of what business wants but it is absolutely clear that they need to be able to trade freely and easily with the EU during the Brexit process, in any transition period afterwards and beyond.

“These are the messages that we are taking to Government and data such as this helps to strengthen our voice when it comes to this issue.

“It’s the biggest issue that businesses face across Coventry, Warwickshire and the wider region and, therefore, it’s vital that they are heard.”

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