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BEIS evidence says May's deal clearly inferior to current EU membership.

Houses of Parliament Big Ben

A report from The Business, Energy and Industrial Strategy (BEIS) Committee published today, rubbishes Mrs May's Brexit deal.

Evidence taken by the Committee from across the economy suggested that whilst business has offered May nominal support, it was only on a least worst basis.

Rachel Reeves MP, Chair of the BEIS Committee said:"Businesses were clear that the deal on offer is inferior to what they currently enjoy as part of the single market and customs union, with supply chains built for maximum efficiency using frictionless trade across Europe.

"Businesses need for certainty — and a desire to avoid a hard Brexit — has however led them to be supportive of the Withdrawal Agreement. However, they are under few illusions — they believe that the Withdrawal Agreement will leave them less competitive than the status quo of EU membership."

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