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This real-life experience of a small West Yorkshire company, before and after the creation of the single market, provides an insight into our imminent future in the event that we leave the EU without a worthwhile trading deal.
Some 110 business leaders have warned U.K. Prime Minister Boris Johnson of dire consequences if he fails to sign a trade deal with the European Union before the Brexit transition period ends in six months.
Lorries will need permission from new HMRC computer system before heading for Dover.
Companies in the United Kingdom and the European Union face an extra £58 billion ($80 billion) in annual costs if there is a no-deal Brexit, with the U.K.’s vast financial sector set to be the worst-hit industry, according to a report issued Monday.
About 54 percent of Japanese companies with operations in the United Kingdom have been negatively impacted by the country’s planned exit from the European Union.
BUSINESSES should expect more paperwork, bureaucracy and additional costs on trade between the north and Britain when the Brexit transition period ends in seven months’ time...
Britain is already heading for the worst coronavirus-induced slump of any major economy. Now fears are rising that businesses could be slammed by a second body blow this year — the failure of trade talks with the European Union.
The £4.5m advertising campaign will include plans to spur Brits into taking action to prepare for the end of the transitional period in December
The First Ministers of Scotland and Wales have written to Boris Johnson to request an extension to the Brexit transition period.
'Securing a good deal with the EU, our most important trading partner, will open doors that have been closed by uncertainty. As of 31 January, the UK moved into a transition period until December 2020. While this reduces the immediate risk for businesses, without an option to extend transition, there remains a risk of no deal in a year’s time.'
British firms do not have the resilience to cope with a no-deal Brexit after the battering of the coronavirus crisis, according to the outgoing boss of industry body the CBI.
Carolyn Fairbairn says many businesses cannot prepare for no deal during Covid-19 crisis.
Dame Carolyn Fairbairn likens walking away from trade talks to ‘setting fire to the garden shed’ when the house is already in flames.
The U.K. government backed down on plans to impose full-border checks after Brexit in an attempt to avoid piling an additional burden on businesses already struggling with the impact of coronavirus.
Many firms are clinging on during the coronavirus crisis and have no capacity to to contemplate failure in talks with EU.
The EU fears that the UK government is deliberately stalling on Brexit trade deal negotiations, and may secretly be aiming to exit European trade arrangements without first agreeing a new deal.
A "safety and security" agreement removing the need for post-Brexit entry and exit declarations between Britain and the north of Ireland is needed, the freight industry said.
EU Commission warns time is running out after first committee meeting on NI protocol.
The American Chamber of Commerce to the EU (AmCham-EU) published a cross-sectoral position paper on Tuesday turning the screw on the UK Government’s hard-line negotiating stance. Although it urges both sides to “work to mitigate disruption as much as possible”, the paper deals a devastating blow to Britain’s present strategy.
'American companies in Europe support a deep and comprehensive economic partnership between the EU and the UK'
"While it is clear that ambitions have changed with respect to the past, AmCham EU calls on negotiators to seek an ambitious and comprehensive future partnership. We support a deal comprising zero tariffs, zero quotas, and zero barriers. Any deal should maintain regulatory alignment where possible ..."
Theresa May’s former deputy says public and business realise coronavirus should be the priority.
Businesses fear big hold-ups at the docks when the UK leaves the EU customs area because of untrained staff.
While European businesses are increasingly more confident about investing in ASEAN, the ASEAN Economic Community (AEC) is creating uncertainty for some business prospects according to a recent survey by the EU-ASEAN Business Council.
The SDLP has called for the UK Government to extend the Brexit transition period.