Joint statement from FSB, BCC, CBI, EEF and IOD: “We welcome the fact that the European Council has approved the progression of talks to the discussion of a transition period, and a future trade relationship. “It is our collective view that the transition period must now be agreed as soon as possible, to give businesses in every region and nation of the UK time to prepare for the future relationship. Further delays to discussions on an EU-UK trade deal could have damaging consequences for business investment and trade, as firms in 2018 review their investment plans and strategies. “While our members will be particularly pleased that EU citizens currently living and working in the UK now have more clarity, it’s still essential that an unequivocal commitment on their future rights is made whatever the outcome of negotiations. “We will continue to work with the government to ensure that UK firms can overcome the challenges and take advantage of the opportunities that a new trading relationship with the EU and the rest of the world will bring.” Mike Cherry, National Chairman, Federation of Small Businesses Adam Marshall, Director General, British Chambers of Commerce Carolyn Fairbairn, Director General, Confederation of British Industry Stephen Phipson, Chief Executive, EEF Stephen Martin, Director General, Institute of Directors You may also like 13 June 2018 Small businesses encouraged to join in The Great Get Together 22 – 24 June 07 June 2018 Saving Scotland’s High Streets 01 June 2018 New research, loneliness and the self-employed 06 December 2017 Record amount spent with small firms on Small Business Saturday 13 July 2017 Why FSB is launching a new product to reduce crippling late payments for SMEs 28 March 2017 Does Scotland’s Instagram digital strategy press the right buttons?