ISSUE NUMBER 45: A deal with the EU has been reached but businesses still need to take action

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A message from the Business Secretary

I am delighted that we have agreed a deal with the European Union and I am confident that the United Kingdom will thrive outside the EU and cement its position as the best place in the world to start, grow and run a business.

The deal with the EU means the UK can now regulate in a manner that suits the UK economy and UK businesses – doing things in a more innovative and effective way, without being bound by EU rules.

As with any major change, there will be challenges as we adjust to new ways of doing business with the EU. Government will be there to support you to adapt and to capitalise on the opportunities created by this deal.

While the deal secures us tariff-free access to EU markets, you should still check what you need to do to allow your business operations to run smoothly.

The new rules apply now so you should take any actions as soon as possible in the new year.

  • Visit gov.uk/transition and use the Brexit checker tool for a personalised list of actions
  • Our business readiness bulletins will be continuing, with important updates for your business – sign up now
  • Make sure you check the latest Northern Ireland Protocol guidance, if you move goods into, out of, or through Northern Ireland.

2020 has undoubtedly been none of the most challenging years in living memory. However, the resilience and determination displayed by UK businesses this year has only increased my confidence that 2021 will be start of an exciting and prosperous new chapter for our nation.

I wish you all a very happy and successful New Year.

Yours sincerely,

Rt Hon Alok Sharma MP

Secretary of State for Business, Energy & Industrial Strategy

Use the EU Transition checker to get a personalised list of actions for you 

Coronavirus business support

During these unprecedented times the Combined Authority’s Growth Hub is on hand to support businesses across Cambridgeshire and Peterborough.

If you’re concerned about the impact that COVID-19 might have on your business, we are here to help you navigate the latest government information and provide specialist advice.

You can call the Growth Hub on 01480 277923 or send an email to hello@cpcagrowthhub.co.uk.

Support is available to employers and the self-employed, including sole traders and limited company directors.

You may be eligible for loans, tax relief and cash grants, whether your business is open or closed.

Businesses and self employed people can also use the government’s new coronavirus business support finder tool to quickly and easily determine what financial support is available to them.

Find coronavirus financial support for your business

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