ANNUAL REPORT ON THE OPERATION OF THE UK INTERNAL MARKET 2023-2024

Summary

The UK faces the challenge of maintaining a smoothly functioning internal market despite evolving regulatory divergences among its constituent nations, particularly following the United Kingdom Internal Market Act 2020 and the Windsor Framework. The Office for the Internal Market (OIM) publishes annual reports monitoring the market's operation, analyzing regulatory developments across goods, services, and professions, collecting trade data, and studying how businesses adapt to these differences. The 2023-2024 report found little substantial change in the overall market functioning but noted a significant increase in regulatory differences within specific sectors like food and drink, with the full impact of the Windsor Framework still developing.

Key Facts

Source Document

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