Brought to you by:

UK must avoid becoming EU "rule-taker" after Brexit: ABI

Facebook Twitter LinkedIn Google

Once it achieves a Brexit deal the UK will need to build a constructive future relationship with the European Union that gives it adequate decision-making power, The Association of British Insurers (ABI) says.

British Prime Minister Boris Johnson last week secured a Brexit deal that would separate the UK from the European Community, but it is yet to be approved by parliament.

This was a “positive sign” ABI Director General Huw Evans said, adding that the UK must be sure to depart the EU in an “orderly way” to provide certainty for business, consumers and the insurance industry.

“Then we can move on to the important question of what a constructive future relationship with the EU looks like, that avoids the UK becoming a permanent rule-taker,” Mr Evans said.

A referendum in June 2016 was unexpectedly won by 17.4 million “leave” voters and British politicians have been trying to find an agreed way to exit the EU ever since.