Chamber: Great Repeal Bill promises stability – if managed carefully
Commenting on the Great Repeal Bill White Paper, Caroline Williams, Chief Executive of Norfolk Chamber said:
"Norfolk’s business community want certainty from day-one on the rules and regulations they will face when the UK leaves the EU. For that reason, we welcome the premise of stability and continuity at the heart of the Great Repeal Bill.
"A legislative transition of this size and scope has never before been implemented, and Norfolk Chamber and our Westminster office, the British Chambers of Commerce, will be working closely with senior civil servants and Ministers to ensure there are no unintended consequences for individual firms, for sectors or for business communities as a whole.”
Also commenting, Dr Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:
"The government must be exceedingly careful in its use of proposed fast-track powers, or risk blighting businesses with additional costs and burdens. As we have seen in the past, it takes only takes one poorly-drafted regulation to spark expensive court cases with wide-reaching consequences - and we are talking here about re-drafting thousands of pieces of the rule-book.
"In the fullness of time, businesses want to work with government to determine areas where maintaining equivalence with EU law is in our national economic interest, and areas where some divergence and change may be required. This will be a complex endeavor – better done right than done quickly."