Members of Parliament should back EU Withdrawal Agreement, says industry

Members of Parliament should back EU Withdrawal Agreement, says industry

Members of Parliament should back EU Withdrawal Agreement, says industry

 

The 585-page draft agreement, which was backed by Cabinet ministers yesterday, is far from perfect, according to industry experts, but deserves backing from members of Parliament (MPs).

TechUK CEO Julian David said the agreement that has been negotiated “is the only solution on the table that can deliver on the outcome of the 2016 referendum while also securing jobs and investment in UK tech”, and that MPs “should support the agreement”.

David added that the agreement is far from perfect, and will “increase friction in trade with the EU and impose significant and costly changes for businesses”, but that failing to confirm parliamentary agreement “risks creating even more uncertainty for tech businesses, their staff and their customers”.

“As a sector responsible for over a million jobs, and the fastest growing part of the UK economy, we recognise that a No-Deal Brexit would directly impact the ability of tech companies to trade, move data and secure talent,” he said.

“It would disrupt supply chains and undermine the UK’s capability for world-leading science and research, and it would hit investment and lead to job losses. We believe small and medium-sized businesses would be worst affected in the case of no deal.”

 

Read More: https://www.computerweekly.com/news/252452588/Members-of-Parliament-should-back-EU-Withdrawal-Agreement-says-industry