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“Mountains” of second-hand clothing are piling up in the north-east of England after new Brexit complications have forced one of the UK’s biggest exporters of second-hand clothing to halt exports after falling foul of the new ‘rules of origin’ requirements, it is being reported.
‘Waste of everyone’s time’: New government video sets out Brexit paperwork mountain [4 mins]
19/07/2022
Guide makes mockery of Boris Johnson’s 2020 claim that UK and EU would ‘do even more business’.
Businesses are reporting increased disruption and additional costs as they attempt to trade with the EU – and it could mean the price of a bottle of wine goes up.
‘Rule of Origin’ Brexit rule starts to bite: UK customs duties jump 64 per cent in a year to record £4.5bn
22/02/2022
Customs duties paid by UK businesses have jumped 64 per cent to a record £4.5bn in the year to 31 January 2022, up from £2.9bn in the previous 12 months, according to new research shared with City A.M. this afternoon.
Brexit has led to a “worrying” decline in international exports by Tayside firms, it has been claimed.
If you only trade within the UK and Europe, Rules of Origin will not have concerned you. Brexit could make these Rules become a serious concern to you.
Dairy shipments collapse by as much as 96 per cent. Experts say extra red tape and delays are to blame.
Where are all those Brexit benefits?
20/05/2023
Project Fear has become Project Reality—just look at Britain’s car industry.
New post-Brexit border paperwork coming into force in July is expected to cost UK food companies millions of pounds, according to a trade body.
Vauxhall carmaker Stellantis warns of ‘significant job losses’ if Brexit deal is not amended
17/05/2023
Stellantis has committed to making electric vehicles in the UK but it is no longer able to meet Brexit trade rules on where parts are sourced.
Stellantis warns UK government that the fledging electric vehicle industry is being jeopardised by a new 10% tariff.
Stellantis, which also owns Citroen, Peugeot and Fiat and employs more than 5,000 people in the UK, says its UK investments were in the balance due to terms of Brexit trade deal.
Ministers were warned of the dangers of the EU trade deadline two years ago. Now, up to 200,000 jobs and £11bn worth of UK car exports could be in jeopardy.
UK taxes on EU imports have increased hugely since the former’s official exit from the Union at the end of 2020.
Rishi Sunak’s government is lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after the owner of Vauxhall warned it could shut its UK factories.
UK in talks with EU over softening Brexit trade rules after Vauxhall carmaker Stellantis warns of job losses
17/05/2023
Brussels unwilling to reopen the Brexit deal negotiated by Boris Johnson, but could consider ‘technical’ changes, i understands.
'Yet a no deal outcome would still have profound implications for the uK. as we analyse in what follows, from trade to connectivity to foreign policy to cooperation in policing, a failure to strike an agreement with the eu will impact on us in numerous ways.'
UK companies face Brexit import controls
03/01/2022
British firms face the introduction of much-delayed post-Brexit border control checks from 1 January which will affect businesses importing $314 billion of goods a year from the European Union.
Brexit deal means from 2024 batteries not containing 50% local materials face EU tariffs.
Even if Brexit deal is reached, decision means vehicles without enough British components will attract tariffs.
UK car industry posts worst production figures since 1954 as Brexit and coronavirus take their toll
30/07/2020
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
UK car industry is facing ‘existential crisis’ as argument over EV Brexit deal rumbles on
19/05/2023
Expert warns of ‘existential crisis for UK car industry. / Government insists EV problems ‘can be resolved within’ Brexit deal. / From next year, 45 per cent of an EV’s value should originate in the UK or EU to qualify for tariff-free trade.
Shadow International Trade Secretary Nick Thomas-Symonds has written to Business and Trade Secretary Kemi Badenoch urging her to reach an agreement with Brussels. / Time is running out to strike a deal with Brussels over post-Brexit rules which could hamper British car exports, Labour warns today.
UK businesses and consumers have paid 42% more in customs duties on goods since Brexit came into force on January 1 2021, it has been claimed.
"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.