Brexit Opens Lobbying Gold Rush

Brexit Opens Lobbying Gold Rush
A man jogs down the South Bank as fog covers London's Houses of Parliament on Dec. 20, 2006. Scott Barbour/Getty Images
Simon Veazey
Simon Veazey
Freelance Reporter
|Updated:

BIRMINGHAM, England—Contending with the forces of globalization could be tricky for Britain as it leaves the European Union and begins to engage with a world of business and politics long held at bay by the EU.

Along with a clutch of new trade deals, Brexit will bring legislative upheaval not seen for half a century, with whole industries potentially hanging in the balance as the U.K. sheds EU policies and regulations.

Up for grabs is vital legislation on tariffs, the banking system, employment rights, financial and business regulations, and environmental policies and protections.

For example, the growth of genetically modified products is tightly restricted under current EU regulations. Some are worried the international agriculture firms might lobby to change those regulations to pave the way for large-scale growing of GMO crops on British soil.

British Prime Minister Theresa May speaks at Lancaster House in London on Jan. 17, 2017. (Kirsty Wigglesworth - WPA Pool /Getty Images)
British Prime Minister Theresa May speaks at Lancaster House in London on Jan. 17, 2017. Kirsty Wigglesworth - WPA Pool /Getty Images
Simon Veazey
Simon Veazey
Freelance Reporter
Simon Veazey is a UK-based journalist who has reported for The Epoch Times since 2006 on various beats, from in-depth coverage of British and European politics to web-based writing on breaking news.
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