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Saturday 20 February was the 50th day since Boris Johnson’s Trade and Cooperation Agreement (TCA) came into effect. Anyone expecting it to settle all questions, or even most of the details, of how we will do business with the EU from now on will be mightily disappointed.
As we pass 60 days of Brexit entering the final month of the first quarter of 2021, let’s take a deeper look at the impact of Brexit on UK businesses and especially e-commerce businesses. Before authoring this article, I had numerous conversations with independent e-commerce business founders. I have based this article on those discussions to bring forward first-hand experiences.
The industry may become one of the starkest examples no-deal folly, with those dependent on EU markets facing devastation.
WHAT was a simple one-step process of exporting meat to France in December is now a resource-draining 23-step marathon.
Seafood sector representatives have said exports have "slowed to a trickle" amid what is described as a Brexit "export crisis".
There is only one real way to properly calm the markets – the Prime Minister and the Chancellor need to reverse the unfunded tax cuts they announced.
The sort of minimal deal he is after would be a disaster for an industry that relies on frictionless trade.
While businesses struggle with the red tape of no-deal planning, ministers are busy with commemorative coins.
“Brexit Opportunities Minister”. How about that for a contradiction in terms? Yet, this is a genuine post created for the oft-called “Member of Parliament for the 18th Century”, Jacob Rees-Mogg.
Rees-Mogg’s efforts to reap economic benefits from Brexit has come up woefully short.
Leaving the single market will come as a huge blow to the services sector. Rather than acknowledging that fact, our ruling class have opted to press on.
Johnson is at the mercy of his cabinet. The trouble is, as Leavers, none of them will face up to our post-EU crisis either
The UK debate about Brexit’s impact on the economy has ranged from non-existent to unserious. Labour is avoiding the subject, to try to regain lost voters in pro-Brexit constituencies, and the government immediately changes the subject to vaccines or free trade deals.
The announcement that British Steel is to enter insolvency is the latest example of how uncertainty over Brexit is threatening livelihoods across the country. This does not just affect the 5,000 workers at Scunthorpe, but also a support staff of 20,000 across the whole supply chain. / Sadly, many other firms face the same danger ...
Inflation is rising, worker shortages are grinding us down and consumers are hurting, but No.10 is introducing measures which will make the situation worse
“Car crash!” exclaimed managing director Andrew Varga, whose Brexit progress I have been following since the referendum. News of the latest Brexit U-turn landed on him on Tuesday out of the blue. All his years of preparation for a new UK product safety mark, all his thousands of pounds wasted, all the uncountable hours and effort were rendered pointless, at a stroke.
The prime minister has imperilled peace in Northern Ireland, and every day the economic fallout worsens.
New rules and standards on EU trade will make the first set of Brexit measures pale into insignificance.
The cost of new regulations means we’ve had to pause sales to the EU, losses are mounting and the government isn’t listening.
EU must continue to monitor and ensure that the British hold up their side of the bargain.
While Brexit continues to deliver more empty shelves for consumers, more carnage to our food and fishing sectors and more chaos to the people of Northern Ireland, the eternal sunshine of our international trade secretary’s spotless mind continues to deliver more doses of what seems like good news for faithful Leavers.
New Tory MPs have promised to transform the region, but its greatest threat will come in days, when Britain leaves the EU.
Meanwhile, in the real world, we have seen a catastrophic slump, by 41%, of all our exports to the Continent. / Trade between Welsh ports and Ireland (which remains in the single market) has seen a decline of 50% in Holyhead, and 40% in Pembrokeshire.