Just one in eight companies say the deal has been beneficial for them, British Chambers of Commerce finds
Seven in 10 UK firms say the government’s Brexit trade deal with the EU has been bad for business and held back growth, with a majority reporting it has pushed up costs and increased paperwork.
A majority of the 1,000 companies polled by the British Chambers of Commerce (BCC) also said the deal had put Britain at a competitive disadvantage.
Just one in eight firms think the hard Brexit deal secured by Boris Johnson has had a positive impact on them, the BCC found.
Businesses cited a raft of problems including higher costs, not having the time and money to deal with new bureaucracy and EU customers being put off from buying UK goods and services.
The BCC said its findings “clearly show” there are issues with the EU trade deal that need to be improved.