2020 Budget: Treasury to consult on ditching EU ‘red tape’

Businesses and members of the public will be invited to identify EU rules that could be improved or scrapped after the Brexit transition period, according to media reports.

Chancellor Sajid Javid is expected to use his March budget to set out a “Brexit red tape challenge”, first announced during the Conservative Party conference, that will involve some form of public consultation on which pieces of EU legislation the government could “improve or remove”. 

The news, first reported in the FT, reinforces the UK government’s vow to diverge from EU law after the transition period, with possible repercussions on the depth of a free trade agreement with the bloc. 

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