Brexit: a ‘total disaster’ of our own making
07/02/2024
Brexit has caused a crisis for British manufacturers who export into Europe – and things could be about to get even worse...
Trade body Make UK said 90% of businesses felt post-Brexit trading arrangements were still disrupting trade.
Manufacturers warn of ‘devastating price war’ on consumers if tariffs are enforced in 2024.
The UK government has decided to recognise the EU's product safety symbol indefinitely, in a post-Brexit climbdown. / From the end of next year, goods such as light bulbs and toys were meant to carry a new UK-only mark to be sold in Great Britain.
The government has quietly admitted Singapore-on-Thames is dead.
Britain on Tuesday said it would retain the European 'CE' safety mark for products indefinitely rather than scrap it following the country's departure from the European Union, in a move welcomed by businesses as a pragmatic step.
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.
Manufacturers say fears over red tape and political chaos are creating more uncertainty.
European firms have gone cold on doing business in UK, survey finds.
40% of UK manufacturers have looked to domesticate supply lines, while many EU firms are complacent about trading with British companies, Make UK says.
Trade body Make UK adds to pressure on Rishi Sunak as it calls for reset of relationships with Europe. / Business leaders say frayed relations with the EU are costing the British economy, as suppliers in the bloc grow more cautious about doing business with post-Brexit Britain.
Brexodus: Where have all the workers gone?
26/01/2023
The consequences of ending the free movement of people between Britain and the EU are becoming painfully clear.
The OBR forecast that Brexit would cost the UK economy 4% of GDP now looks ridiculously optimistic as the damage mounts.
Political chaos since Brexit is to blame, say manufacturers.
British Chambers of Commerce presents government with urgent recommendations as members report struggling to sell into EU.
Manufacturing organisation Make UK said the sector is battling to fill 95,000 vacancies.
The UK regions and Nations which voted for Brexit have increased their dependence on the EU for manufacturing exports, while the European market remains the overwhelming favoured destination for the sector.
Research also reveals EU remains ‘overwhelmingly dominant’ destination for UK manufacturing exports.
The EU’s share of Wales’ export market has risen from 58% to 60%, despite a reduced dependence on the EU and opening up export markets with the rest of the world being a stated objective of the Brexit project.
Growth in the UK’s manufacturing sector slowed further last month to a two-year-low as concerns over the global economy and raw material shortages impacted new orders.
HALF of manufacturers fear Brexit customs costs will harm their businesses this year, according to a leading industry body.
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’.
Make UK says two-thirds of companies fear customs delays and red tape from new rules will further hamper supply chains.
Food and drink firms are seeing "terrifying" price rises, a sector trade body has said, warning of a knock-on effect for consumers.