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Single Market of the EU survey

Posted on in Business News

The Department for Business, Innovation and Skills (BIS) is interested in your company's experiences with the EU Single Market to help shape UK policy in this area.

The Single Market gives UK businesses access to the world's largest trading bloc with 500 million people and 21 million companies generating £11 trillion in economic activity.

Since 1992, the UK's bilateral trade with EU member states has more than trebled and trade with Europe accounts for roughly 3.5m jobs in the UK, around 11% of the workforce.

Growth and job creation depend on healthy, well-connected markets, where competition and consumer access stimulate business and innovation. By reducing barriers to trade between the EU and other dynamic markets, such as the USA, the UK's trade and exports will increase.

BIS aims to foster economic growth by promoting trade, boosting innovation and supporting businesses to grow. In this respect, the Single Market of the EU plays an important role for many UK businesses.

However, the economic evidence on the impacts of the Single Market is very abstract and tends to focus on high level impacts on the UKs growth. It is therefore difficult to explain how the Single Market benefits or constrains different types of business.

As a member of the Retail Policy Forum, chaired & co-ordinated by BIS, ActSmart encourage all businesses affected by the Single Market to have their say and assist the development of the retail sector. 

To help gather evidence on the impact on business in the UK, BIS are keen to learn about your companies experiences. Your feedback will directly contribute to shaping UK policy on the Single Market.

If you are the owner or the responsible person for your firm's strategy in relation to business with other EU Member States, please click on the following link to complete a survey about how the Single Market has helped your company, or challenges you have faced. This should only take about 10-15 minutes - click here to partake. Please feel free to skip questions that you cannot or would not like to answer. The deadline for responses is February 6.

If you are not the company owner or responsible for EU business, please forward to the appropriate person within your company.

On the basis of the survey, BIS intends to carry out in-depth interviews with selected respondents. Of course, responses will be strictly confidential. Anonymised examples will be published in such a way that individual responses cannot be identified.

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