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According to the Office for National Statistics (ONS), within the last quarter of 2022, the UK imported about £33billion more than it exported to the EU. / This is the worst performance of the UK export trade balance since records began in 1997. / This is a shocking testimony that Brexit has caused fundamental deep-rooted damage to British exports.
Three years on from Brexit and the impact to retailers and consumers has been relatively limited. However, in many ways, the most difficult bit is yet to come, says British Retail Consortium’s Andrew Opie.
Some of the UK's biggest supermarkets are limiting sales of tomatoes and other salad items.
British Chambers of Commerce presents government with urgent recommendations as members report struggling to sell into EU.
A hard border in Ireland must be avoided, the Irish premier has urged Rishi Sunak.
Boris Johnson agreed in the final hours of the Northern Ireland Protocol negotiations that there would be customs declarations on goods exiting Northern Ireland to Britain, despite the fact that just three weeks later he told businesses in the North there would be "no forms, no checks, no barriers of any kind…," according to a detailed new account of the protocol negotiations.
However, this article seeks to describe, as far as possible, how Brexit has affected the business and regulatory environment across the full range of areas covered by Steptoe and Johnson practices so far, and to identify issues of potential future concern for companies.
The UK and European Union are poised to enter the final stretch of negotiations over post-Brexit trading arrangements for Northern Ireland. After years of distrust and tension both sides are optimistic that a settlement is within reach.
Almost three years after the United Kingdom's formal departure from the European Union, voters are turning sour on the 2016 decision to leave. A recent poll showed that 57% of voters view the departure from the EU as a mistake compared to the 52% who voted for the original Brexit referendum. So what changed?
From confused carriers to mind-boggling bureaucracy, Lucy Reece Raybould, CEO of British Footwear Association (BFA), tells Drapers how Brexit is still impacting trade for UK businesses.
Mr Foord criticised the current trading arrangements and called for a smoother process with less paperwork.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
John Cole explores the government's response to a petition calling for an enquiry into the impact of Brexit before it's debated in parliament.
The Isle of Olive deli on Ada Street sadly shut its doors forever last month after 11 years. / However, Brexit had a huge affect on the business. “Brexit meant that for every invoice issued to us by a producer, there was a customs fee to be paid to agents in Greece and then another fee to the agent in the UK for the import declarations,” Gregoris explained.
'UTTER CAR CRASH by Andrew Bowie. Doesn't accept Brexit has hurt exports / Promises to grow EU trade, but can't say how / Promises simplified processes, but can't say how / Thinks he can negotiate customs with EU members state-by-state.'
'The Covid veil, now almost completely lifted, has revealed the challenges still faced by exporters struggling with customs and paperwork challenges and other Brexit constraints putting off overseas customers'
"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.
Years after Britain quit the European Union, its businesses are still suffering from lower sales as red tape makes it harder to export to the 27-nation bloc.
A Brexit border control post in Holyhead is set to shrink under plans for a lighter touch system using more data and technology. In May, the UK Government delayed introducing more checks on EU goods entering the UK for the fourth time over fears it will impact supply chains and add to rising inflation.
British Chambers of Commerce urges government to ‘cut red tape on UK-EU goods movements’.
This week I was contacted by a retired CEO of a major wine wholesaler. They, unbeknownst to me, had asked their local MP John Penrose (Weston-super-Mare, Somerset) if he thought it was acceptable that my wine business had been obliged to open a site in the EU to mitigate Brexit costs.
People employed to deal with new border checks in Hull which were subsequently shelved by the government have been made redundant, it has been revealed.
Unexpected hold-ups in EU destinations have hit baggage delivery services where travellers send luggage ahead to avoid airport queues.
Regulatory burdens have seen over half of businesses hit by Brexit (54%) across the country, new figures show.