Business, Freight News

Brexit leaves UK internal market unscathed

[ March 22, 2024   //   Chris Lewis ]

The Office for the Internal Market (OIM) found little evidence, over the last year, of substantial change in the functioning of the internal market due to differing regulations used by the four governments across the UK following Brexit. In its second annual report on the UK’s internal market, OIM valued trade between the nations at around £190 billion a year. It found that the majority of businesses that trade within the UK do not experience challenges when selling to other UK nations. However, it added that proposed differences in rules and regulations between the four nations, particularly in the food and drink sector, have increased over the last year.

Tags: Office for the Internal Market