The British Ports Association is in favour of focusing on freight transport, a recommendation by the National Infrastructure Commission. Yet, it proposes that more investments in network capabilities and port connectivity is key to establishing better efficiencies. The quality of the transport network is critical for efficient freight movement and business growth.
On the occasion of the UK Parliament’s vote on Wednesday, BPA issued a new warning on the significant challenges for some ports around a ‘no deal’ Brexit and the impact upon trade. MPs voted against the prospect of the UK leaving the EU without a deal, rejecting May’s Brexit deal for a second time.
According to the Confederation of British Industry (CBI), all parts of Britain will experience economic difficulties in case of a No-Deal Brexit. Namely, if the UK leaves the EU without a deal, then it will suffer an economic loss which may last until 2034. The CBI noted that the North East of England region would receive the hardest hit, as it would lose 10.5% of its real gross value added.
As UK’s Prime Minister’s, Theresa May, deal for Brexit was rejected by 230 votes, major businesses in Britain seem to be in loss and beyond warned as a no-deal Brexit seems closer. According to Reuters, businesses are afraid of crucial job losses and mayhem at ports whether the country does not see eye to eye with a European Union withdrawal.
Providing its comment on the rejection of the Brexit plan, BPA said that the government must set out its alternative plans and prevent a disorderly withdrawal from the EU. Prime Minister Theresa May’s Brexit deal has been rejected by 230 votes. This is the largest defeat for a government in history.
Prime Minister Theresa May’s Brexit deal has been rejected by 230 votes. This is the largest defeat for a government in history. Namely, MPs voted by 432 votes to 202 to reject the deal, which describes how the UK willl exit from the EU on 29 March. The UK is still on course to leave EU on 29 March, but this defeat obscures how the exit will take place.
Ahead of the Parliamentary Brexit vote, Richard Ballantyne, Chief Executive of the British Ports Association, provided his comment. He said that the Parliament will probably not agree on the deal. In that case, the UK government must avoid the disruption as much as possible.
Ahead of the final arrangements for Brexit, the British Ports Authority said that it may take some before the industry can see what implications the final deal will have for ports. BPA’s Chief Executive, Richard Ballantyne, noted that currently there is uncertainty regarding the potential future cross-border processes.
The British Ports Association produced a series of infographics highlighting the importance of ports to the UK’s economy.The figures show that collectively the industry employs 101,000 people, handles almost 500m tonnes of freight and contributes £7.6bn to the economy.
The UK government published an advisory notice, in which it includes an advice on contingency planning for a ‘no deal’ Brexit outcome. However, UK said that a ‘no deal’ scenario remains unlikely given the mutual interests of the UK and the EU in securing a negotiated outcome.
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