19 May 2025, 15:50

By Marco Forgione MCIEx

Today’s deal and leaders’ summit are welcome developments in the UK-EU relationship ‘reset’.

The message we’ve had from our members and the wider business community is that the UK’s world leading sparkling wine is back on ice. But corks shouldn’t be popping quite yet, as there’s much yet to be done.

There will be debate over the trade-offs the government has made, but the commitment to reduce sanitary and phytosanitary (SPS) barriers for agricultural trade is a significant win that will be welcomed by many businesses, particularly in the food and drink sector.

The EU is the UK’s most significant trading partner for the sector, representing around 71% of imports and 57% exports. Complex........

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