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The two-year anniversary of Brexit on Jan. 1, 2020, is swiftly approaching. And while the post-Brexit trade regime isn’t exactly new, some businesses are still struggling to navigate the change in import costs and duties that resulted from the United Kingdom’s departure from the European Union.
‘What the government once called teething problems have now become a chronic condition’
Around half of UK SMEs believe that Brexit has had a negative impact on the UK’s society as a whole awhile 64 per cent believe that it has negatively influenced the UK economy.
Hauliers have shifted both exports and imports to sea routes to reach EU markets directly, and avoid lengthy delays at UK ports.
Finally – a Visa-free aspect to Brexit. At least that’s what the deluded Dominic Raab is likely to tell you...
Traditional continental Christmas markets that fill town squares and city centres across the UK will be smaller and less European this year.
The government confirmed the SPS (sanitary and phytosanitary) import controls would be introduced on a phased basis from 1 July in a bid to ensure both businesses and border inspectors are not overwhelmed initially.
Thanks to Brexit, France has become the third-largest market for goods from Poland, after Germany and the Czech Republic, said the Polish Economic Institute (PIE). Analysts pointed out that Great Britain's exit from the EU single market resulted in a decrease in its share in Polish exports.
Exporters forced to fill in 48 million customs declarations and 140,000 health certificates over eight-month period.
The Economic and Social Research Institute estimates that Brexit has led to a 45% reduction in goods imports coming from the UK to Ireland.
The introduction of a new regulatory and customs border has made it more difficult and more expensive to trade with the EU. This impacts UK firms who import and export from and to that market.
The Covid threat to GDP is waning, but don’t expect the pain wrought by leaving the EU to subside any time soon.
According to the Office for Budget Responsibility (OBR), shortages across various industries have been “exacerbated” by new immigration rules for EU citizens and trade barriers with the bloc.
The Office for Budget Responsibility suggested leaving the EU would reduce the UK's long-term GDP by around 4% - compared to 2% for the pandemic and lockdowns.
UK trade with the EU has fallen sharply, new figures from the Office for Budget Responsibility show.
Many Brits will be forced to go without a Christmas turkey this year because of Brexit labour shortages, MPs were told this afternoon.
UK drug distributors and those involved in the parallel importing of drugs have told the parliamentary Health Select Committee that they want to see the UK remain in the customs union and the single market.
From antibiotics to cancer drugs, The London Economic can reveal the full extent of the medicine supply crisis gripping Britain.
It would be wrong to focus too much on 2021 when looking at the effects of Brexit on UK trade. We have just published a new paper looking at how it affected UK trade between 2015 and 2018. It shows for the first time that fears about Brexit weakened the UK’s trading position long before the vote to leave the EU even took place.
Farmers have warned of "huge downsides" to Boris Johnson's new trade deal with New Zealand Prime Minister Jacinda Ardern.
The former prime minister’s hollow catchphrase captured a fundamental truth—just not the one she thought it did.
Stephen Delahunty explores how Britain’s departure from the EU is increasing the demand for vets, while their numbers fall
The latest opinion piece from the British Meat Processors Association (BMPA) notes postponing import checks from the EU leaves UK meat exporters at a significant disadvantage.
According to the Bank of England, higher borrowing during the pandemic is to blame for putting more businesses at risk.
Changes to import and export regulations when sending and receiving parts from Europe or travelling to attend events.