Industry association EVCOM was quick to welcome what it called “the clear direction provided in the Prime Minister’s speech yesterday regarding Brexit”, but shared its members’ concerns in a statement reacting to the speech. Concerns centred on the consequences of leaving the single market.
EVCOM CEO Steve Garvey said: “Our members are determined to make a success of Brexit and the association will support them in the new environment by continuing to offer feedback to government regarding our industry’s needs. We look forward to helping members develop new opportunities in global markets.
“Major uncertainties remain for the live and visual communication industry. We now know leaving the EU single market is the only option, but no-one knows what that may mean in practice.”
EVCOM identified the following three main concerns raised by its members:
• The movement of goods and people around Europe, as the return of border controls and potentially tariffs will complicate international projects and increase costs
• There is a real risk of a skills shortage in future
• There is uncertainty over the inflationary effects of Brexit due to the devaluation of sterling since the referendum.
“While this has made our members’ services more competitive to buyers and visitors from overseas, the impact on costs is already being felt,” the EVCOM statement said.
The association promised to consult agency and production company heads at forthcoming leaders’ summits, and said it would channel feedback to the Brexit government departments.