Brexit and pandemic have cost UK businesses £250bn each but EU departure tally now rising faster than Covid disruption 25/01/2022
The political choice of Brexit has cost UK businesses as much as the unforeseeable Covid pandemic.
Brexit has cost UK businesses as much as Covid, according to research by delivery firm ParcelHero. / Over £250 billion has been lost to Covid-19 and an equal amount has now been lost as a result of Brexit, with the figure continuing to rise.
Cut Brexit red tape, BCC tells government 19/01/2022
The British Chamber of Commerce has called on the government to make exporting easier for SMEs, such as reducing red tape.
For companies depending on fast, small deliveries, the costs of new Brexit trade rules are mounting.
And almost three-quarters said their company had seen zero benefit from the UK's departure from the EU.
One in three UK business owners fear their company won’t exist anymore in a year as Brexit onslaught intensifies 17/01/2022
Nearly one in three fear their company will close before the end of this year, primarily as the long-term effects of Brexit start to bite, according to alarming data shared with City A.M. this morning.
UK exports to EU could drop by another 8 per cent as Finland, Luxembourg, Portugal and Greece benefit from Brexit 17/01/2022
Brexit could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this morning.
Record waiting time: Brexit triggers tsunami of trade mark applications as UK firms rush to protect intellectual property 17/01/2022
Brexit has triggered a record number of applications for trade marks in the UK, with 195,000 registered in the past year, up 54 per cent from 127,000 the year before, according to data shared with City A.M. today.
A Harrogate district horticultural business has estimated that Brexit-related bureaucracy cost it £210,000 last year 12/01/2022
Johnsons of Whixley, which sells over 5 million plants per year, said in a press release yesterday that the “bureaucratic burden” of Brexit had reduced revenue, increased cost and slowed its supply chain.
HALF of manufacturers fear Brexit customs costs will harm their businesses this year, according to a leading industry body.
We’re still only seeing the start of the changes Brexit will bring to the seafood industry (and, in truth, the entire food and beverage sector). In the coming years, there will be continual changes as we adjust our operating model and there’s no clear view on when it will settle down.
Company leaders said Brexit is one of their biggest concerns – with key issues being a lack of access to EU migrants.
One year after the UK completed its exit of the EU, two-thirds of British manufacturers have said that Brexit has hampered their business ‘moderately or significantly’.
Growing Brexit headache for UK businesses as strict new import rules lay bare British traders lack the skills 10/01/2022
With Britain’s businesses having to declare imports of all EU goods as of 1 January, experts have told City A.M. UK firms lack the skills and expertise to handle the increase in declarations.
Businesses in Suffolk have faced more "red tape and bureaucracy" during the first year of Brexit, according to two company owners.
Make UK says two-thirds of companies fear customs delays and red tape from new rules will further hamper supply chains.
According to experts, the best long-term environmental and economic measure Tory ministers could adopt is a close relationship with the EU market.
UK businesses are paying 10 per cent more than their EU counterparts to trade their emissions following Brexit.
Government refusal to link carbon market to EU’s has led to higher cost for British businesses.
‘We left the gym, now we can’t use the equipment’: Business owner says Brexit consequences are still to come 07/01/2022
"And for those people blaming who are blaming the EU, it's not the EU's fault. We voted for this."
Kidswear independents across the UK have expressed concerns that “nightmare” post-Brexit import VAT is still being incorrectly charged on some children’s clothing and footwear that should have been zero rated, causing “hell on earth” for many businesses.
Bureaucratic Brexit checks have begun and are hitting British businesses when they’re at their most vulnerable 06/01/2022
Inflation is rising, worker shortages are grinding us down and consumers are hurting, but No.10 is introducing measures which will make the situation worse
New data from a survey carried out by the British Chambers of Commerce has thrown sharp focus on the impact the UK-EU trade deal (TCA) is having on UK firms one year on from its implementation.
Many Scottish food and drink suppliers plan to decrease or stop exports to the EU amid the regulatory fallout from Brexit, an industry survey suggests.
U.K. traders are falling foul of a new IT system policing goods crossing the English Channel, as companies grapple with a fresh wave of post-Brexit red tape.