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30 March 2017

FSB welcomes outline of Great Repeal Bill

The Federation of Small Businesses (FSB) has welcomed the publication of the Government’s white paper on the Great Repeal Bill. FSB National Chairman, Mike Cherry, said:

“This gives small businesses stability and certainty that Brexit will not mean sudden big changes in regulation over the next two years. While transferring EU regulations into domestic UK law should eventually allow an overhaul of some of the more burdensome processes, which inhibit productivity, it is in no-one’s interest for there to be a cliff-edge moment.

“We look forward to working with the Government to make sure that the transition for small businesses over the next two years is a smooth one. Post-Brexit, small businesses will want the Government to make some regulations simpler to comply with, allowing small firms to grow more easily.

“FSB has already enjoyed strong engagement with the Department for Exiting the EU and we look forward to small businesses being given as much advice as possible in the run up to Brexit and beyond.”

Ends.