Back to the pound and the ounce – London will return the imperial units of trade – World

The British government promises to return the imperial units of measurement as an opportunity for traders who want to use them. This step is on the list of possible post-Brexit deregulation, write The Financial Times.

The return of these units of measurement was an old demand of Brexit supporters, who considered the metric system to be imposed by Brussels. It is now seen as one of the leading benefits of Britain’s withdrawal from the European Union, according to a list presented yesterday by Lord David Frost, the Brexit minister.

The return of the crown seal on pub mugs, banned by Brussels but described as part of the British essence, is another step that the British authorities intend to take advantage of. The changes are part of the government’s efforts to find “post-Brexit opportunities” and the benefits of deregulation as part of business and industry reforms to boost innovation and economic growth.

The government will also demand regulatory reforms in genetic modification in the agricultural sector, drug control, data handling, artificial intelligence regulations and financial services (but also, for example, document digitization).

At the same time, while some experts are wary of the benefits, businesses warn that particular data should be taken into account with deregulations that will impede their smooth flow between the two jurisdictions.

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