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.
With reliance on EU products returning to pre-Brexit levels, closer supplier ties will be essential to managing uncertainty in the market, writes Pablo Cristi Worm.
'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.
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.
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.
From October, consignments carrying some meats, dairy and fish will require vet-signed export health certificates.
The government’s new trade strategy, the Border Target Operating Model, will bring a new round of controls on goods from the EU from 31 October 2023.
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.
The delay in getting the damaged trams back into service has been in part, according to a source at TfL, because of Brexit. Essential parts that are being sourced from the EU are taking longer to ship to south London because of post-Brexit customs procedures.
A report on the Inside Croydon website has confirmed that the current tram shortages being suffered on the London Tramlink network have been caused by wheel damage with repairs taking longer than they should because of supply issues due to Brexit.
World-renowned economist Adam Posen reveals some tough truths about Britain’s situation.
The impact on trade overall appears to have been broadly consistent with predictions so far, that on immigration much less negative (and perhaps even positive) and on investment somewhat worse. Perhaps the best estimate of the negative impact on Brexit on UK GDP to date is 2–3% of GDP.
EVs being exported from the EU to the UK will still have tariffs on them from next year as a result of Brexit, despite a plea to defer the trade rule.
Output, new orders and jobs in the sector fell to a four-month low in May, according to closely watched economic data.
UK fresh produce traders will not be able to absorb the estimated £10m extra cost of checking goods entering from EU, warns the Fresh Produce Consortium.
Failure to bolster the supply chains for electric cars, coupled with looming post-Brexit tariffs, could cost the UK’s car industry over £100bn in growth, a leading industry group has warned.
Firms will have to pass on extra costs of red tape, warns Fresh Produce Consortium.
Brexit hits home, the end of Barryroe, and the last of the big beasts: Rewinding the week that was 25/06/2023
Brexit has for years been a problem for elite politicians, officials and business leaders. / Now that the final agreement has had time to bed in, the reality of it is filtering down to ordinary consumers and workers.
From NHS staff shortages to export woes, the effects of the 2016 vote are still being felt.
...a combination of supply chain problems, Brexit, inflation and unseasonably warm weather ended with Hunter Boot going into administration, the UK’s version of bankruptcy.
Post-Brexit border charges due to be introduced next January could impact UK consumers higher food prices and supply chain disruption, warns UK food and logistics industry bodies.
Brexit and its devastating impact on supply chains, especially for food, is what sets the UK apart from every other country.
Brexit and its “devastating” impact on supply chains, especially for food, sets the UK apart from "every other country", a leading economist has declared.