European Commission gets its second act together

The UK government has welcomed the publication of Single Market Act II by the European Commission, which sets out a number of proposals to improve the way that the single market works.

The new measures reflect months of negotiations and lobbying by the UK, and other like-minded member states, to ensure that unnecessary burdens are not placed on companies and barriers to trade are removed to open up the EU market.

Vince Cable, secretary of state for business, innovation and skills, said: “The single market is good for British businesses and the UK has always been a champion of the single market. It makes trade easier, gets us access to markets and is a significant market in itself for British companies. Single Market Act II will help improve the way the market functions, and bring it up to date.

“The UK has been closely involved in making sure that the Act brings forward the improvements needed, opening up new markets without placing additional burdens on European companies. The UK will continue to champion the single market and prioritise measures with the greatest potential to boost jobs and growth.”

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