Brexit Objectives Snap Poll: June 2017
One month on from the General Election, the British Chambers of Commerce (BCC) publishes a post-election survey of over 2,400 companies on 10 July 2017, which shows that while businesses have a range of views on their preferred objectives for the UK in Brexit negotiations, there is almost no support to conclude UK-EU talks without a trade deal.
Asked to consider which option came closest to their view about what the UK’s Brexit negotiation objectives should be, the survey – carried out just after the election – showed:
- 2% said leave the Single Market and Customs Union, and rely on WTO rules for trade (leave without a trade deal with the EU)
- 34% said remain in the Single Market and Customs Union
- 13% said remain in Customs Union only (no hard borders or tariffs, but limited scope to negotiate trade agreements with third countries)
- 11% said remain in the Single Market only (accept EU regulations and rules in return for full access to market)
- 28% said a comprehensive Free Trade Agreement and a customs agreement (the government’s pre-election objectives, set at the Prime Minister’s Lancaster House speech)
Respondents were also asked about a transition period, and which of the following options they believe is best for their business:
- 46% said ‘a transition period of three years’
- 22% said ‘a transition period of longer than three years’
- 17% said ‘no transition period’
A summary of the results are available below.