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Four years after Brexit, government struggling to sign FTAs. / New border rules taking effect Wednesday add to EU friction.
Jersey's "reputation is being tarnished" due to Brexit-related trade delays, the owner of an oyster company has said.
Britain has “significantly underperformed” compared with the EU and US since the vote to leave in June 2016, Goldman Sachs claims.
Britons are counting the cost of Brexit as the combination of the referendum, pandemic and energy crisis takes its toll.
Businesses that make sporting goods, children’s toys, jewellery and medical goods have struggled the most with the border costs imposed by the UK’s decision to leave the EU.
Sky's Paul Kelso writes that the prospect of removing checks in Northern Ireland highlights how trading with the EU has just got harder for the rest of the UK. / By luck or design the breakthrough in Northern Ireland, facilitated by the easing of customs controls, came on the same day that trade between the EU and the rest of the UK became a whole lot more complex and costly.
Collapsed trade talks, new border checks, 14-hour queues at the border and medicine shortages... it's just another day in Brexit land.
International trade has become increasingly challenging following Brexit and the Covid-19 pandemic, with nearly one quarter of small firms viewing Brexit as a major business obstacle between 2018 and 2021 as the UK struggled to bounce back as quickly as other countries.
The UK left the EU on January 31, 2020, and this began the complex process of de-coupling the UK regulatory regime from that of the EU. This has not been straightforward, particularly where goods move into and out of Northern Ireland (NI), where the EU rules continue to apply, from Great Britain (England, Wales, and Scotland (GB)), where they do not.
British businesses are warning of a new wave of post-Brexit trade disruption because EU exporters are not ready for UK customs changes which start this month, and Britain's port infrastructure might be unprepared too.
Though Johnson promised ‘no non-tariff barriers’, firms say they are struggling under ‘compliance burden’ of customs and safety checks.
Exports to the EU from Scotland slumped by up to 25% two years after Brexit as trade with the rest of the UK rose, it has been revealed. / Scottish Government estimates show that the value of Scotland's exports has slumped by nearly £2bn since the UK exited the EU from £16.950bn in 2019, to £14.970 in 2021 - a 12% drop in two years.
A new survey by the British Chamber of Commerce's Insights Unit of 733 businesses (97% SMEs) shows the difficulties facing British firms in using the Trade and Co-operation Agreement (TCA) have not eased.
60% of UK exporters say selling to EU has become harder over past year – with more red tape to come.
Research for Flemish firms has found that 74% of UK companies said they had been forced to consider other markets, due to post-Brexit administration struggles.
The value of goods sales from Great Britain to Northern Ireland dropped by 2.4% in 2022, official data suggests. / Meanwhile the value of goods imported from the Republic of Ireland, the wider EU and the rest of the world all increased.
New study highlights increasing importance of French market for Irish exporters. / The Republic’s bilateral trade with France has mushroomed to a record €30 billion per annum in the wake of Brexit, according to a new report.
The United Kingdom (UK) withdrew from the European Union (EU) on January 31, 2020, and completed the transition period on December 31, 2020, officially leaving the EU and becoming a third country. This event, known as Brexit, has had significant implications for the UK’s economy, including the automotive industry.
Trade body Make UK said 90% of businesses felt post-Brexit trading arrangements were still disrupting trade.
Why does the newspaper continue to publish Larry Elliot’s Corbynite nonsense on the EU?
In this week's update from ‘downside bunker’, more evidence emerges that Britain has effectively declared a trade war on itself.
The Independent revealed earlier this year government’s predicted 0.08% boost risked being an overestimate. / Business Secretary Kemi Badenoch was mocked for a prediction the deal with Asia-Pacific countries would grow the economy by 0.08%.
Ever wondered why your taxes are so high and public services are in such a poor state? Now you know.
Trade Secretary Kemi Badenoch is facing criticism after citing the UK's poor trading performance under her watch as evidence that Brexit has not had a negative impact on UK trade.
Your weekly update from the Brexit ‘downside bunker’, chronicling the downsides, and occasional upsides, of Brexit.