On 12th July 2018, the UK Government released a White Paper setting out its most detailed negotiating position to date, including regulation.

It is essential that negotiators get it right on rules to deliver frictionless trade, and business fully supports the UK Government’s proposals for a free trade area for goods based on a common rule book which should deliver this. However, more detail is needed on services. Businesses are ready to engage to help policymakers understand what more is needed to ensure services trade operates smoothly after Brexit, for consumers and firms on both sides.