Repairing Brexit economic damage should be Burnham’s top priority, business chief says

by | Oct 16, 2026 | Business

Repairing Brexit economic damage should be Burnham’s top priority, business chief says

Shevaun Haviland, director general of the British Chambers of Commerce, has urged the government to prioritize addressing the economic consequences of Brexit as it evaluates Britain’s relationship with the European Union. She expressed support for reopening discussions about the UK’s trading arrangements despite potential uncertainty, citing widespread business dissatisfaction with current conditions.

Survey data from the business lobby indicates that more than half of company leaders believe the trade agreement implemented following the 2021 withdrawal has not benefited their operations. Rather than conditions improving over time as some anticipated, Haviland noted that difficulties have persisted. Economic analyses suggest the long-term impact on the UK economy could reach approximately 4% of gross domestic product, with estimates of total cost to date reaching up to £240 billion.

Burnham previously stated at Labour’s conference that Brexit had caused significant damage and pledged to reassess the country’s European relationship, explicitly opening dialogue about potential outcomes including full membership. Recent statements from the prime minister emphasized that failing to pursue improved arrangements would constitute a serious failure of responsibility. The British Chambers of Commerce plans to consult its 50,000 member organizations, which collectively employ more than 6 million people, regarding options for restructuring ties with Europe.

Haviland characterized the matter as fundamentally economic rather than political, arguing that a decade after the referendum, discussion should center on practical outcomes rather than Brexit ideology. She also pressed the chancellor to implement decisive fiscal measures at this month’s budget to support business operations, particularly addressing energy costs, business rates, and employment taxes. Regional business leaders noted that some companies previously supportive of Brexit have begun recognizing its economic toll, though others maintain their original position.

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