Skip to main content

Britain ‘may be out of Europe but it's not out of business’ says FTA

Following the UK vote to leave the European Union, with votes of 52 per cent for Leave and 48 per cent for Remain, Patrick Flaherty, chief executive – UK & Ireland, AECOM, said the country faces a period of change and uncertainty and business must play a stabilising role. “A positive, long-term focus on the future is required despite a referendum result that we and many businesses did not want,” he commented. The Freight Transport Association (FTA) says coming out of union risks new costs, restrictions a
June 24, 2016 Read time: 3 mins
Following the UK vote to leave the European Union, with votes of 52 per cent for Leave and 48 per cent for Remain, Patrick Flaherty, chief executive – UK & Ireland, AECOM, said the country faces a period of change and uncertainty and business must play a stabilising role. “A positive, long-term focus on the future is required despite a referendum result that we and many businesses did not want,” he commented.

The 6983 Freight Transport Association (FTA) says coming out of union risks new costs, restrictions and bureaucratic requirements being imposed on moving goods in and out of Europe and is calling on the Government to prioritise arrangements for international freight transport in its negotiations, minimising additional legislation and keeping costs as low as possible for British businesses.
 
Flaherty pointed out that no nation has ever left the EU, so the long-term impact cannot be accurately forecast at this time. These are unchartered waters made even more uncertain by the Prime Minister’s announced resignation and the leadership election that will follow. Business must support government as it leads the country through this period of change.
 
“Business inevitably now faces a period of disruption. At AECOM, we have demonstrated our ability to grow while dealing with change and we will work hard to minimise the impact on our UK operations. As a global company, we serve clients all over the world from our offices in the UK. Our strong team, diversification strategy and international outlook equip us with long-term resilience but we are well aware that many businesses are not so fortunate.
 
“It is critical that the domestic agenda is not sidelined as the UK faces a minimum of two years of negotiations to leave the EU. Focus must remain on energy security and energy independence, as well as progressing the UK’s ambitious infrastructure pipeline. Schemes such as HS2, Crossrail 2 and the Northern Powerhouse programme are vital to the country’s ability to compete on a global stage, which is more crucial than ever due to this referendum result.”
 
FTA chief executive David Wells said: “Even though we are coming out of Europe politically, it remains our biggest export market and the supplier of a high proportion of our imports. We cannot allow new bureaucratic burdens to hamper the efficient movement of exports heading for customers and imported goods destined for British consumers."
 
"Britain may be out of Europe but it's not out of business and FTA will be leading the campaign on behalf of exporters and importers to keep trade procedures simple and the costs of international transport down.”

Related Content

  • August 4, 2015
    Survey: Majority of UK public remains worried about global warming
    A new survey of over 2,000 members of the public by the Institution of Mechanical Engineers and ICM Unlimited has found that 57 per cent of the public are worried about global warming, with 14 per cent saying they were ‘very worried’. The poll found that 64 per cent of people think global warming is already a problem now, while 70 per cent said they think global warming will be a problem in 20 years’ time. The main issues the respondents said they were worried about were flooding and sea level rises (63
  • January 29, 2015
    Highways Agency chief executive to step down
    The Chief Executive of the Highways Agency (HA), Graham Dalton, announced today that he is leaving his post in the summer. During his seven years in post Graham has led the agency through a time of financial constraint and of growing ambition for the strategic road network. He has led the agency as it has established a strong reputation for efficiency, for delivering capital investment, and for operating one of the most intensively used road networks in Europe. Graham Dalton said: “It has been a priv
  • September 13, 2013
    High Speed 2 should be part of integrated transport policy
    The UK’s Institution of Engineering and Technology (IET) is calling for the High Speed 2 (HS2) proposals to be reassessed to become part of an integrated transport programme of metro, rail, bus and road projects to revitalise the cities of the Midlands and North. The call comes as the Transport Secretary Patrick McLoughlin reasserted the case for the new rail line. Prof Phil Blythe, chair of the IET Transport Policy Panel, said: “We are supportive in principle of high speed rail, but we believe that
  • January 31, 2012
    Australian road pricing, road funding needs more debate
    Everyone in the road transport industry in Australia is talking road pricing - everyone, that is, except the politicians. Christine Keyes reports. At the end of 2008, Australia's road transport industry was wringing its collective hands, unable to raise more than $100 million from an individual bank for any Public Private Partnership (PPP). The A$750 million Peninsula Link project, announced by the Victoria Government in March 2009, was the first road project in the country to be put out to market as an ava