UK shelves £110m frictionless post-Brexit trade border project

Programme launched by last Tory government was worked on by Deloitte and IBM but was paused in 2024 Business live – latest updates The UK government has shelved a project to simplify trade border processes post-Brexit, after spending £110m on a contract with Deloitte and IBM for it, according to reports. The last Conservative government promised in 2020 to create the “world’s most effective border” by 2025 as part of their plan for a new trade system after Britain left the EU. Continue reading...

17 Feb, 05:00 — 17 Feb, 08:30

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Why this matters

This story is significant as it highlights the ongoing challenges and costs associated with post-Brexit trade arrangements, specifically the failure of a project intended to simplify border processes. It raises questions about government spending, project management, and the feasibility of achieving 'frictionless' trade outside the EU, impacting businesses and the economy.

Key entitiesUK government Deloitte IBM Tory government

The Story

What 2 sources agree on, dispute, and miss

What sources agree on

The UK government has shelved a post-Brexit frictionless trade border project.
The project was valued at approximately £110 million.
Deloitte and IBM were involved as contractors for the project.

Key claims3 agreed · 3 unverified

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The UK government has shelved a frictionless post-Brexit trade border project.

agreed·The GuardianFT

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The project cost £110m/£110mn.

The Story

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Moderate (27/100)

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Geographic diversity— 1 region4/34

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ℹOnly 2 sources cover this story

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Sources

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FTVery High54d ago

UK quietly shelves £110mn frictionless post-Brexit trade border project

Halt to programme that had used Deloitte and IBM as contractors draws criticism from experts

Read full article →

The GuardianMostly Factual54d ago