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I am now at the end of January 2021 and still no new stock. I can see clearly what #Brexit really means for my industry & how I will have to fundamentally change my business model if I am to be trading in 12 months time. But the government wants more paperwork in five months.
My £1m UK small business is in ruins and I see no way out. Tried everything, feel utterly powerless. Trade with EU virtually impossible. This was so predictable and predicted. Bastards!
When the government announced this year it would indefinitely delay plans to force UK companies to adopt a new post-Brexit quality mark, the UKCA, Simon Blackham, of the insulation maker Recticel, was delighted. “Yes! An outbreak of common sense,” he recalls thinking. / His joy was short-lived, however.
"And for those people blaming who are blaming the EU, it's not the EU's fault. We voted for this."
Guide makes mockery of Boris Johnson’s 2020 claim that UK and EU would ‘do even more business’.
MPs were also warned that the UK could be “50,000 customs agents” short of what is needed when import regulations are enforced from April.
The SNP has described increased Brexit-related red tape as an “unmitigated disaster” with Scottish companies among hundreds that have rushed to establish operations in the EU since January 1, taking valuable jobs with them.
Businesses are reporting increased disruption and additional costs as they attempt to trade with the EU – and it could mean the price of a bottle of wine goes up.
Exporters fear Northern Ireland protocol row will spur trade war with Brussels, making an already difficult job even harder
Customs duties paid by UK businesses have jumped 64 per cent to a record £4.5bn in the year to 31 January 2022, up from £2.9bn in the previous 12 months, according to new research shared with City A.M. this afternoon.
Businesses have slammed post-Brexit trading rules, reported The Guardian. / One described life outside the trading bloc as “the same nightmare week after week”.
British firms are yet to see any upside from Brexit, according to one of the UK’s top executives, who urged Prime Minister Rishi Sunak to improve the trade agreement with the European Union to boost growth.
A new trade hub has been established by the British Beauty Council (BBC) to help personal care businesses ‘navigate their way through the jargon’ of the post-Brexit trading landscape.
88,000 firms to be given a registration numbers but business groups warn much more needs to be done to prevent severe disruptions to trade.
Since Brexit, this business consultant is having to fill “93 to 102-page documents” to get products to companies in Europe, with the shipping taking up to six months.
“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.
While large multinationals may be able to ride out the economic turmoil on the horizon, some smaller firms have more to worry about.
COVID and Brexit have left Guernsey businesses in a minefield, according to the newly-elected president of the Guernsey Chamber of Commerce, Diane De Garis.
UK public companies are trading at a £500bn valuation discount due to the "scarring impact" of the Brexit vote.
Almost all of Steve Shovlar’s clients are based in Europe—but added taxes and red tape are putting them off.
The “idiocy” of Brexit is partially to blame for one of the UK's largest tech firms choosing to list on the New York Stock Exchange over London, the company's co-founder has warned.
Cycloc says ‘Kafkaesque’ rules have cost it £100,000 in latest tale of how EU exit is harming small firms.
A brutal Financial Times investigation has unveiled the “all pain no gain” trading conditions many British businesses face post-Brexit.
The government has announced an extra £2.1bn of funding to prepare for a no-deal Brexit - doubling the amount of money it has set aside this year.
MEPs approved the €5 billion Brexit Adjustment Reserve to help member states deal with the economic, social and territorial impact of the UK’s departure from the EU.