"Brexit effects more negative than expected" / KPMG/BCCG survey: Companies draw conclusions
28/04/2021
Around 100 days after Brexit, most companies are experiencing Brexit effects that are more negative than they expected at the beginning of the year.
The London-based wall-mounted bike storage manufacturer attracted 50% of its business from the EU pre-Brexit and has been left with a £100,000 hole in revenues. /
Less than a month after leaving the EU, trade is flowing so badly that small firms are moving operations abroad to survive.
UK firms and customers are struggling with a wave of new paperwork and costs on goods sent to the European Union, and even Northern Ireland, as the economic fallout of Brexit continues to grow.
'Brexit cost my bicycle business £250,000 extra in just two months, and I can't see any positives'
18/04/2021
The extra costs of doing trade with Europe have already wiped out the entire 2020 profits of Frog Bikes in Pontypool
Bosses face tough decisions and politicians are refusing to listen, says a Bristol business owner. / Small and medium-sized businesses, the lifeblood of communities, have told of difficult decisions to quit Britain or cancel investment plans because of Brexit.
A Doncaster business boss says his company is at risk because of Brexit.
Distributor of KTM road and mountain bikes shuts citing Brexit red tape as a major factor.
Britain is already heading for the worst coronavirus-induced slump of any major economy. Now fears are rising that businesses could be slammed by a second body blow this year — the failure of trade talks with the European Union.
Two years after Britain’s departure from the European Union, bosses of UK businesses are reeling from the cost of Brexit, including some who voted to cut ties with Brussels.
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.
A CHESTER law firm has seen a “huge” rise in immigration enquiries, as companies look to employ foreign workers to address the post-Brexit skills shortage.
'I don’t think anyone really knows': Tory chancellor Sajid Javid admits he cannot say how much no-deal Brexit will cost
30/09/2019
Sajid Javid does not knock down his watchdog’s warning of a £30bn a year hit, saying: 'I’ve never pretended it won’t be challenging'.
A Tory minister was left squirming over the extra costs being suffered by small businesses because of post-Brexit border checks.
'It's not us putting the prices up, it's Brexit': The Welsh businesses seeing mostly negatives from leaving the EU
25/02/2022
The UK left the EU on January 31, 2020, but more than two years on, businesses in Wales are still trying to adjust to the challenges and issues it's brought.
Businesses cite higher costs, customs delays and paperwork as among the problems they face.
Companies in the United Kingdom and the European Union face an extra £58 billion ($80 billion) in annual costs if there is a no-deal Brexit, with the U.K.’s vast financial sector set to be the worst-hit industry, according to a report issued Monday.
'Not a single boot on ground until November': Businesses say government visa scheme is unworkable
29/09/2021
Lord Wolfson is a highly successful businessman, a prominent supporter of Brexit and a Conservative peer. He is, in short, the sort of man who should be in perfect alignment with a government led by Boris Johnson. He isn’t.
'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.
A group of MPs have warned of the "risk of serious disruption and delay" at Channel crossings when the Brexit transition period ends on 31 December.
'The UK government has got to intervene' The smaller Scots firms struggling to stay afloat due to Brexit
23/05/2021
Scottish business groups have warned smaller firms are struggling to stay afloat due to the Brexit deal.
'Urgent action' needed as Brexit leads to extra costs and hold-ups for West Midlands firms
10/02/2022
Businesses across the West Midlands are facing higher costs, a big increase in paperwork and hold-ups at ports.
Businesses in Suffolk have faced more "red tape and bureaucracy" during the first year of Brexit, according to two company owners.
A new survey has found that Brexit worries are increasingly impacting business decisions in Ireland, with half of small and medium-sized enterprises in Ireland cancelling or postponing investment plans as a result.
Five years after the Brexit referendum, many British companies now complain about higher transport costs and more bureaucracy. But the biggest problem is a labor shortage.