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UK government quietly shelved a programme to build a frictionless post-Brexit trade border, after spending GBP 110mln on a contract with Deloitte and IBM for the project, according to FT

The UK government's decision to abandon the frictionless trade border initiative post-Brexit indicates a significant policy shift that could heighten trade frictions with the EU.

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UK government quietly shelved a programme to build a frictionless post-Brexit trade border, after spending GBP 110mln on a contract with Deloitte and IBM for the project, according to FT

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This move may have implications for the GBP, influencing currency sentiments, and highlights the ongoing challenges in UK-EU trade relations, potentially affecting market stability across equities and currencies.

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