The Federation of Small Businesses (FSB) has responded to the recent release of the government’s Brexit technical notices.
Mike Cherry, FSB National Chairman, commented, “The issues being raised today highlight the dangers of stumbling into a sudden and unplanned ‘No Deal’ Brexit. We have long highlighted the need for preparations for a ‘No Deal’ to be stepped up, to give time and real, practical advice to small businesses in order to make leaving without a deal more orderly.
“Small firms will be looking for solid guidance and support from the government over the coming weeks. Today’s technical notices must be a comprehensive starting point for that.
“A pro-business Brexit is one with an agreed transition period, which a no-deal rules out. FSB pushed hard to secure the transition, which would give business owners time to adapt to a fundamentally new relationship with the EU – on trade, access to workers and skills, funding and regulation. Small businesses will be the least able to cope with a cliff-edge Brexit.
“But pragmatically it is absolutely right to prepare contingency plans for the possibility of no transition. The clock is ticking fast. The UK’s 5.7 million small businesses and self-employed need to be helped through the fundamental changes to the UK’s relationship with its European neighbours, or else there will be a disorderly and chaotic last-minute Brexit next March.”
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