Brexit Benefits

/Brexit Benefits
20 06, 2024

#43 Public procurement can now be reserved for local businesses, not open to the whole EU

Brexit Benefits|

Changes to public procurement rules allow for tenders below a certain threshold to be reserved for application only by local producers - meaning SMEs in the local area have a greater chance of winning these tenders, keeping investment in the local area.

20 06, 2024

#42 Brexit allowed the UK to avoid an additional membership fee of over one billion a year

Brexit Benefits|

The EU introduced a plastic packaging levy in 2021, with each kilo not recycled resulting in an 80 cent fee. The UK is estimated to have not recycled 1.4 million tonnes of plastic packaging in 2021, so would’ve seen a fee of €1.1 Billion in 2021 alone.

20 06, 2024

#40 Being outside the EU avoids 90 billion Euros of additional debt from the EU Covid Scheme

Brexit Benefits|

During the pandemic, the EU27 gave the EU the ability to take on its own debt, with the EU member states effectively acting as guarantors – and then took on €750bn of debt to give Covid loans to member states. The UK avoided being responsible for this.

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