"Upwards of £1 trillion" is being taken out of the UK and transferred to Europe - C4 News
04/04/2019
Our Economics Correspondent @HeliaEbrahimi explains how no-deal Brexit preparations are impacting the UK economy.
Brexit… out of fashion in Somerset
04/05/2021
It would be fair to say that businesses in Somerset are now really starting to feel the effects of Brexit and our new trade deals with the EU and the rest of the world. From all the businesses I have spoken to so far the effects have ranged from bureaucratic nightmares with unnecessary paperwork and extra costs to complete shutdowns of exports.
The fashion industry has warned it faces severe talent shortages after a government advisory body rejected its plea to offer more visas to foreign workers.
The UK's new trading relationship with the European Union (EU) might be less than two weeks old but some businesses - and their European customers - are already struggling to adjust to the new trading landscape.
Firms across four different sectors share their stories of rising costs, extra paperwork and packages that never arrive.
British luxury retailer Matchesfashion has been hit hard by COVID-19 and Brexit, its Companies House filings revealed.
“Mountains” of second-hand clothing are piling up in the north-east of England after new Brexit complications have forced one of the UK’s biggest exporters of second-hand clothing to halt exports after falling foul of the new ‘rules of origin’ requirements, it is being reported.
With inflation set to rise, alongside the cost of shopping and transport, the economic fallout will squeeze Britons’ budgets.
UK ‘failed to fulfil its obligations’ to stop Chinese companies flooding market with cheap clothes.
UK companies face Brexit import controls
03/01/2022
British firms face the introduction of much-delayed post-Brexit border control checks from 1 January which will affect businesses importing $314 billion of goods a year from the European Union.
Brexit uncertainty affected a large proportion of UK textile and apparel firms, both upstream and downstream—over 60 per cent of firms in both manufacturers and lead firms’ groups, according to researchers from the London School of Economics (LSE).
Retailers consider burning clothes stuck in the EU due to Brexit red tape and customs charges
22/01/2021
Shoppers hit with extra charges of more than 20% are sending goods back but UK retailers find it’s not worth the hassle
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.
Figures show Brexit compounding Covid disruption, with clothing exports plunging 60%, vegetables down 40% and cars 25%.
Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain
03/02/2022
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Research by the UK Fashion and Textile Association has revealed the true extent of disruption and additional costs British fashion companies have faced since prime minister Boris Johnson's Brexit trade deal was implemented on 1 January 2021.
The import of apparel by the United Kingdom was badly hit by Brexit and the COVID-19 pandemic. The value of UK’s apparel import has been declining from 2019, when it became imminent that Brexit is going to take place.
Brexit, One Month After
10/02/2021
The UK’s official departure from the EU took place on January 1, 2021. The Brexit roll-out, not unexpectedly, has been awash with problems.
Caller who voted Brexit for 'less bureaucracy' has goods held 'hostage' and stock delayed
14/05/2022
This frustrated business owner who voted for Brexit because she was "fed up with the bureaucracy" of the EU now has "more of it" as her business struggles to cope with additional costs and delays.
Exports to EU halt due to border delays and paperwork.
A company specialising in children’s sports clothing has relocated to avoid the costs and bureaucracy caused by leaving the EU.
A major agency which represents Naomi Campbell and Twiggy has warned that models now face a three month wait to work in Europe, effectively killing off their chances at work in the EU post-Brexit.
Cult sustainable labels like Fruity Booty are up against insane levels of paperwork and shipping delays.
Non-binding opinion says UK allowed criminal gangs to flood Europe with cheap Chinese-made clothes.
Kidswear independents across the UK are receiving unexpected bills for import VAT and customs declarations, as post-Brexit trading rules bite.