A New Era for British Trade: Cutting Costs, Red Tape, and Delays at the Border

A comprehensive Brexit trade deal has the potential to boost British trade, deliver growth, and create jobs, according to the new deal announced by the Secretary of State for Environment, Food and Rural Affairs, Steve Reed. The agreement is expected to cut costs, slash bureaucracy, and remove unnecessary delays at the border for food and drink businesses, leading to increased profits, jobs, and investment.

Key Takeaways:

• The Brexit trade deal aims to increase food prices by reducing red tape and lowering costs for businesses at the borders.
• The deal is expected to boost British food and drink exports to the EU by up to 16 percent, adding billions to the economy over time.
• The agreement will improve access to customers across the Channel, benefiting businesses big and small.
• Dairy, fish, eggs, potatoes, and red meat will be traded without excessive paperwork, reducing costs for food businesses.
• The deal is expected to deliver growth through the Plan for Change, creating jobs and investment in the food and drink industries.
• The agreement will revitalise trade with the EU, the UK's largest export market.
• Businesses that sell food and drink to Europe have been severely impacted by the current set of arrangements, with some going bust.
• The deal is estimated to boost food and drink exports by up to 16 percent, with a reduction in paperwork for dairy, fish, eggs, potatoes, and red meat.

Statistics:

• The Brexit trade deal is expected to add billions to the UK economy over time.
• Food prices are predicted to increase by 6 percent as a result of the current Brexit arrangement.
• British food and drink exports to the EU have plummeted by a fifth as a result of the current chaos.
• Food and drink businesses face costs of up to PS200 per load for health certificates for exports to Europe.
• Premature food rots in lorries at the border, causing delays for businesses.
• Some businesses have given up selling to customers in Europe, leading to lost revenue and reduced investment.

Sources:

• Reed, S. (no date mentioned) New Brexit Deal Boosts Trade, Jobs, and Investment.