Brexit: John Redwood says he hopes both UK and EU 'flourish'
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Researchers at the Institute for Government (IfG) argue ministers have taken a “siloed approach to regulatory reform”, since leaving the bloc at the end of 2020. The think-tank also describes the way the UK has approached moving away from EU laws as “like a game of Space Invaders – played blindfolded.”
Most EU laws were rolled over and remain in the UK statute book and experts say a “bonfire” of regulations is unlikely in the future.
The IfG also insist the existing strategy could increase costs for businesses and threaten the Union.
Joe Marshall, a researcher at the IfG, said: “Gaining the ability to do things differently from the EU was a key aim of Brexit – and there are clear benefits to be won.
“But the government’s siloed approach to regulatory reform risks ad hoc changes and unintended consequences that threaten businesses with new costs and could destabilise the union.”
Jill Rutter, another author, added: “The Government must ensure it invests the time and effort needed to make the necessary trade-offs involved and avoid unintended consequences.”
The UK Government has signed trade deals with more than 60 countries as well as the EU27, worth £890billion 2019.
Lucrative free-trade deals with Australia, India and the US remain in the pipeline.
Britain has already torn up EU rules on travel and taken back control of its border with a points-based immigration system.
Leaving the bloc has also enabled the UK to deploy a world-beating COVID-19 vaccine rollout, with more than 54 million doses issued.
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