The UK Internal Market bill sets out the rules for a UK internal market in order to avoid that different parts of the UK make diverse rules post January 2021 and to ensure that there are no barriers to trade across the UK.
Although still in the early stages of its passing through Parliament, the bill is sparking great controversy as it waives export formalities on trade of goods between Northern Ireland and Great Britain and it furthermore gives ministers the general power to pass regulations on trade and state aid even if they are contrary to the Northern Ireland Protocol, which is part of the Withdrawal Agreement signed with the EU in October 2019.
Source EY
