Braverman unable to identify a single industry to benefit from Brexit in excruciating interview 26/11/2023
Nick Robinson asked the former home secretary if she could identify a single industry that has benefitted from Brexit... she could not.
Dave Ramsden said the 2016 referendum had contributed to a lower “speed limit” for the UK economy compared to other nations.
Business leaders are more pessimistic in the second half of the year than they were at the time of the Brexit referendum about the future of the economy over the next 12 months, according to a new survey.
Nearly three-quarters of UK firms say leaving the EU has affected them “very negatively”.
Beauty exports from the UK to the European Union have fallen by more than $1 billion (£850 million) since the Brexit vote, a report has found.
MOST small and medium-size businesses in the UK say Brexit has had a negative impact, with hundreds reporting having to reduce hours, make staff redundant or even close, according to new research.
LEAVING the EU was not a “one-off shock” that businesses will be able to adjust to and the effects of "Brexit 2.0" are now being felt, according to a finance journalist and author.
Only a small number of businesspeople who voted Brexit now consider Brexit an “economic price worth paying”, a new survey suggests.
"Britain can no longer afford to have one hand tied behind our back with new red tape, new costs and lost opportunities from Brexit," Naomi Smith said.
An FDF survey found eight in 10 of the country’s biggest suppliers opposed a UK-wide approach to the post-Brexit requirements.
The Prime Minister is facing a strong backlash from business leaders after claiming that “post-Brexit freedoms have enabled the government to cut red tape saving British businesses £1 billion per year."
“I don’t think the UK is in a good place right now. I am not writing off the UK but they have made it more difficult for us to grow there,” said the 52-year-old, who was born in Alicante, grew up in Brussels and then studied at Imperial College London.
BORDER checks brought in after Brexit will cost UK businesses £330 million a year, the UK Government has admitted. The figure – which a Tory minister claimed was actually a “saving” of £520m on the original plans – was disclosed in a letter to Labour MP and Labour Movement for Europe chair Stella Creasy.
Costs finally revealed, as Northern Ireland secretary claims too much ‘doom and gloom’ around Brexit. / New post-Brexit border checks set to come into force in 2024 will cost UK companies at least £330m a year, Rishi Sunak’s government has admitted.
Brexit: three in five export businesses see no positive effect of free-trade deals, government research finds 16/08/2023
The ability to sign free trade deals independently was touted as one of the main positives with Brexit, however agreements with Australia and New Zealand have been predicted to have limited economic impact.
Survey of exporters shows increased pessimism about benefits of post-Brexit trade deals. / British firms are increasingly pessimistic about the benefits of post-Brexit free trade deals, according to the government’s own research.
BRITISH companies are losing faith in the UK’s post-Brexit trade deals and many believe leaving the EU is hammering exports, Government research has revealed.
'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.
The retailer, which recorded a 13% decline in EBITDA to £48.9m, said the EU referendum and subsequent fall in the value of the sterling was a key factor in the business’ slumped profits. /
"Brexit has been a massive challenge for us. Our costs have just skyrocketed. It’s been really painful. We’ve had to open a separate facility in Europe just to fulfill our wholesale orders that go to Europe."
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.
Brexit cut profits for ‘nearly all’ independent retailers trading with EU, industry leader says 04/08/2023
Brexit made some businesses “suddenly uncompetitive” as costs and red tape increased, says the CEO of the British Independent Retail Association
A brutal Financial Times investigation has unveiled the “all pain no gain” trading conditions many British businesses face post-Brexit.
The company first began operations in Belgium in 2021 due to what it calls the "challenges of Brexit" around shipping equipment to EU countries.