UK taxes on EU imports have increased hugely since the former’s official exit from the Union at the end of 2020.

According to the boss of Europe’s largest haulage trade body, the UK is looking at a ‘nightmare scenario’ that will lead to ‘weeks, if not months’ of shortages.

British consumers face higher prices and reduced availability of goods if the government fails to agree pragmatic solutions with the European Union on regulatory checks at ports in any post-Brexit deal, the retail industry’s lobby group warned on Monday.

The UK’s share of EU27 goods exports fell from 6.2 percent in 2019 to 5.2 percent last year, while its share of EU27 goods imports fell from 3.9 percent to 2.6 percent over the same period, according to new figures published in Germany today.

The UK has recorded a record fall in trade with the EU in the first month since the end of the Brexit transition period.

Ports are seeking compensation for the facilities, which were meant to carry out the government's new post-Brexit checks but have been put on hold until the end of next year. / Ports across the country are threatening the government with legal action unless compensation is paid to cover the millions of pounds they've spent building new border control posts.

Minister angers owners who fear they wasted millions to hurriedly install border infrastructure.

One port operator has had to demolish building work for new checks, while other crucial customs sites do not even have planning permission yet.

New Government figures released 6 May revealed many businesses are still overwhelmed by the impact of Brexit. Over 39% of importers reported they are still struggling with new customs duties and 38.6% were battling with increased transport costs.

The “blind optimism” shown by UK government ministers in their plans for the future of England’s farms could result in many small and tenant farmers being forced out of business, a parliamentary report has warned.

When the United Kingdom went back into a coronavirus lockdown in January, its economy shrank by less than feared in that month, but trade with the European Union (EU) was badly hit as new post-Brexit regulations were introduced.

The Fresh Produce Consortium said the April draft proposals would have had a “devastating financial impact”.

Introduction postponed until 2022 because border post infrastructure will not be ready in time.

Analysis comes as government expected to outline plans to mitigate price shock next week.

Technology glitch means fruit and vegetable importers can’t submit required paperwork from 1 January – and government still hasn’t worked out how to fix the problem.

Sales to Germany, Spain and Italy all dropped by more than a third in the past year.

Many UK businesses "are not even close to being ready for a no-deal" Brexit, figures seen by Newsnight suggest.

British goods face tariffs of up to 60 per cent while many imports won't be charged any under latest Tory plans.

Amid mounting concerns that the Goods Vehicle Movement Service (GVMS) is not yet fit for purpose, the UK government will likely be forced to choose “flow or regulations” when the grace period for new customs regulations comes to an end on 31 December.

UK goods exports to the European Union fell 40.7% in January, according to the Office for National Statistics (ONS), while imports tumbled 28.8%.

Britain's exports to Europe collapsed in January as companies grappled with new terms of trade following Brexit.

Figures show Brexit compounding Covid disruption, with clothing exports plunging 60%, vegetables down 40% and cars 25%.

Brexit could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this morning.

Britain's economy hit reverse in January on renewed coronavirus curbs while the nation's post-Brexit EU goods exports suffered a record collapse, official data showed Friday.

The U.K. is postponing checks on imported food and fresh products from the EU until the end of 2023, as it announced a review of the post-Brexit regime.