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Most UK businesses have prepared for end of Brexit transition: Minister

'I think business is broadly in a good place but inevitably with any change, with any transition, there are occasional bumpy moments,' Gove said

Reuters , Monday 28 Dec 2020
Michael Gove
Britain's Chancellor of the Duchy of Lancaster Michael Gove arrives at Cabinet Office in London, Britain, December 21, 2020. (Photo: Reuters)
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Most British businesses have made preparations for the end of the Brexit transition period, cabinet office minister Michael Gove said on Monday, adding it was important they were ready for changes to trading and regulatory rules.

Asked if businesses were ready for the end of the transition period on Dec. 31, when Britain finally leaves the European Union's customs union and single market, Gove said: "Yes. The overwhelming majority of businesses have been getting ready, absolutely."

"I think business is broadly in a good place but inevitably with any change, with any transition, there are occasional bumpy moments."

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