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Clare McAndrew's British Art Market in 2023 survey shows a growing gulf between UK and US art markets, prompting key players to lobby government.
"The accounts cite a number of risk factors to the health of the art market including the “overall strength and stability of the global economy” and Brexit." / " Increased red tape from Brexit is “adversely affecting” Sotheby’s ability to move art between the UK and Europe..."
Exit from the single market making it harder to import art, auction house warns.
Two of London's major summer art fairs have been cancelled this year, with organisers saying Brexit is partly to blame.
Since 2020, increasing amounts of red tape and the introduction of an import VAT rate of 5%, have made it considerably harder to move art between Britain and Europe.
The UK used to be the obvious point of entry for art and antiquities coming into Europe. But then we ostracised ourselves.
Hall, like many trade observers, see how difficult it has become for Sotheby’s and Christie’s to present high quality evening sales of Old Masters in post-Brexit London in both June and December.
Sectors from fishing to aviation, farming to science report being bogged down in red tape, struggling to recruit staff and racking up losses for the first time.
Almost all of Steve Shovlar’s clients are based in Europe—but added taxes and red tape are putting them off.
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!
Sector faces ‘logistical minefield’ of customs declarations and VAT codes as stores and markets prepare to reopen.
The last days of Britain's membership of the EU saw a rush to get artworks out of the country before the introduction of new export rules.