As one of the 13 trade associations that make up the membership of the EURIS Task Force, which collectively represents industry sectors with a combined turnover of £110 billion, the British Pump Manufacturers Association and its members have added their voice to this important communication.
One hundred and fifty chief executives, including the CEOs of some of Britain’s biggest engineering employers, have today written to the Prime Minister to express their concern about the possibility of a ‘no deal’ scenario. The signatories make it clear that this outcome would cause enormous disruption to UK industry and risk substantial economic damage to the UK.
A ‘no deal’ scenario would, the industry leaders make clear, deter investment, lead to higher operational costs, cause supply delays to UK customers, and result in deviation from EU product regulations.
The letter highlights that, to realise new growth potential through the Brexit process, industry needs certainty and continuity, particularly in relation to regulations and standards. Certainty will enable UK manufacturers to continue to trade, innovate and grow – without it, the UK product supply industry will cease to flourish.
The signatories are calling on the government to:
• Deliver a UK/EU trade deal and ensure that the ‘no deal’ scenario is avoided
• Agree a viable customs arrangement that minimises costs and delays to UK industry
• Ensure that UK Industry remains involved in the future development of European Regulations and standards.
EURIS represents 13 trade associations: BEAMA, GAMBICA, the Engineering and Machinery Alliance, the Renewable Energy Association, the Catering Equipment Suppliers Association, the Federation of Environmental Trade Associations, the Manufacturing Technologies Association, the British Fluid Power Association, the Lighting Industry Association, the British Pump Manufacturers Association, the British Plastics Federation, the British Compressed Air Society and the British Cables Association.