Marks and Spencer chairman and former Tory MP Archie Norman aforementioned the protocol is “very, terribly onerous” and prices the business concerning £30m.
“At the instant, wagons incoming within the Republic of eire ought to carry 700 pages of documentation,” he told the BBC. “It takes concerning eight hours to organize the documentation. a number of the descriptors, significantly of animal merchandise, ought to be in Latin.”
Any legislation to change the protocol would ought to be approved by Parliament in a very method that might take months.
There ar fears that, if the united kingdom did use such legislation, the move would trigger a trade war with the EU. A trade war, that involves swing up barriers to the exchange of products, may increase prices for shoppers at a time of pressure on household budgets.
The EU has acknowledged the protocol has caused difficulties for Northern Ireland businesses. In October, it advance proposals that, it said, would cut work and checks on merchandise coming into Northern Ireland from Britain Great Britain.
However, the united kingdom rejected these plans last week saying they’d create things worse.