Text of the comments made by Alok Sharma, the Business Secretary, on 15 July 2020.
The UK’s internal market has functioned seamlessly for centuries. When we exit the transition period at the end of the year, we want to ensure the most successful political and economic union of nations in the world continues to grow and thrive.
This plan protects jobs and livelihoods. Without these necessary reforms, the way we trade goods and services between the home nations could be seriously impacted, harming the way we do business within our own borders.
Ensuring businesses will be able to continue trading freely across all four corners of the UK without the burden of inconsistent regulation or additional costs will be essential as we fire up our economic engines as we recover from coronavirus.