5 Feb 2025
Since the formation of the United Kingdom, there has always been an internal market. Businesses and consumers across the land have long enjoyed the rewards from being able to sell and buy products and services in every part of the UK. This trade between the UK’s 4 nations is worth around £129 billion, and is particularly important to the economies of Scotland, Wales and Northern Ireland.
The United Kingdom Internal Market Act 2020 (the UK Internal Market Act) sits in the background as a tool for all governments within the UK to manage instances of divergence which might cause unnecessary cost and trade barriers – enabling free movement of goods and services and supporting people to work and do business.
The Department for Business and Trade is seeking views on what is and what is not working well about the UK Internal Market Act, to decide on next steps to make processes work better.
The consultation can be found here: UK Internal Market Act 2020: review and consultation - GOV.UK and closes on 3rd April 2025.