It’s no secret that COVID-19 and Brexit have had a lasting effect on a wealth of businesses. In particular, the manufacturing sector has been heavily impacted due to the UK’s withdrawal from the single market and the subsequent restrictions on imports and exports.
Survey of exporters shows increased pessimism about benefits of post-Brexit trade deals. / British firms are increasingly pessimistic about the benefits of post-Brexit free trade deals, according to the government’s own research.
BRITISH companies are losing faith in the UK’s post-Brexit trade deals and many believe leaving the EU is hammering exports, Government research has revealed.
'Rishi Sunak told me Brexit would be amazing - now four independent businesses in our home town are closing'
13/08/2023
Jo Foster has asked her MP, Rishi Sunak, three times for help with her businesses struggling after Brexit. She told Politics Editor Ralph Blackburn he needs to face up to reality.
Industry hit with a blow as government halts trial of a system designed to limit paperwork.
A trial system designed to limit post-Brexit paperwork for fish exporters has been halted in a blow to Scotland’s salmon industry. / The digitisation of paper health certificates required for all fish and chilled food being exported to Europe was intended to save traders time as well as up to £3 milllion on paperwork.
"Brexit has been a massive challenge for us. Our costs have just skyrocketed. It’s been really painful. We’ve had to open a separate facility in Europe just to fulfill our wholesale orders that go to Europe."
It appears HM Treasury has realised bringing in a measure that will so obviously lead to higher food prices is not a good idea when the country is in the grip of an inflation spiral.
Further delays to introducing post-Brexit border controls on fresh farm produce from the EU 'seriously disregards' the interests of British farmers, NFU Scotland has warned.
Brexit cut profits for ‘nearly all’ independent retailers trading with EU, industry leader says
04/08/2023
Brexit made some businesses “suddenly uncompetitive” as costs and red tape increased, says the CEO of the British Independent Retail Association
A brutal Financial Times investigation has unveiled the “all pain no gain” trading conditions many British businesses face post-Brexit.
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.
“Car crash!” exclaimed managing director Andrew Varga, whose Brexit progress I have been following since the referendum. News of the latest Brexit U-turn landed on him on Tuesday out of the blue. All his years of preparation for a new UK product safety mark, all his thousands of pounds wasted, all the uncountable hours and effort were rendered pointless, at a stroke.
Brexit red tape led to us suspending EU exports and profit dropped to zero, says business owner
03/08/2023
One small business owner said her net profit margins had dropped to zero in the years since Brexit.
Despite claims over taking back control, UK is forced to comply with rules on which it has no say.
The move has been dubbed "the most explicit acknowledgement by the UK government that Brexit trade barriers are inflationary."
UKCA: a symbol of the folly of Brexit
01/08/2023
I said that I would break the ‘summer recess’ of this blog if a Brexit event of sufficient interest or importance occurred and it has, with the government’s announcement today of an “indefinite extension to the use of CE [Conformité Européenne] marking for British businesses”.
Britain on Tuesday said it would retain the European 'CE' safety mark for products indefinitely rather than scrap it following the country's departure from the European Union, in a move welcomed by businesses as a pragmatic step.
The majority of English regions and Wales are seeing a downward trend in their share of manufacturing exports to the European Union (EU) suggesting a potential structural shift in the UK’s trade patterns, according to the latest analysis published by Make UK and accountancy and business advisory firm BDO.
FLi Distribution ceases trading
19/07/2023
Sources have confirmed that FLI Distribution has ceased trading with effect from this week. / The difficult trading conditions facing cycling and many industries are thought to have played their part, including the post Covid-lockdown disruption and the impact of Brexit and the complexities it brought to EU/UK trading.
The founder of bicycle storage company Cycloc has said that the impact of Brexit on his business led to a 25% drop in sales. / The company, which has designed custom wall-mounted storage solutions for customers including Mark Cavendish, has witnessed a £100,000 drop in revenues since new rules were put in place in January 2021.
His two cents on Brexit? "It's just made things so difficult."
The Brexit fallout
13/07/2023
Brexit was unquestionably a disaster for the UK’s amusement and gaming industry, said the trade personalities that we asked. / “For our business it was a catastrophe. We lost most of our export trade almost overnight"
Cumbria Chamber of Commerce has responded to an economic survey showing half of firms surveyed are planning to raise prices in the next three months despite cost pressures easing.
The co-founder of ethical cosmetics company Lush has blamed Brexit for its fall in European demand.