16 May 2025, 11:01

By Steffen Hoffmann

The EU-UK summit makes progress in creating frictionless trade so businesses can focus on growth.

Last year 41% of all UK exports of goods and services went to the European Union. That represents £351 billion. For businesses all around the UK, it’s extremely important that we are able to conduct those imports and exports as easily as possible.

Spending less time and resources on bureaucracy means businesses can focus on what they do best, be it innovating, manufacturing or selling. That’s a key driver of economic growth and that’s why it’s important that the EU-UK summit makes progress in creating frictionless trade.

Trading with the EU is crucial to the economic success of the UK for a variety of reasons. The EU is an enormous market........

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