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Now the Conservative Party’s reputation for economic competence has cratered, Matthew Gwyther sees businesses getting increasingly politicised.
"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. /
#3Blokes In A Pub... Talk BUSINESS (Ep 19)
18/11/2018
t's just 4 and a half months now until we crash out of the biggest and most successful trading bloc in the world and attempt to "go it alone" because our politicians and newspapers have been systematically LYING to us for the past 30 years. Is your business ready? Do you have a customs agent lined up? Do you know what the WTO tariffs are going to be for the products you buy and sell? ...
Less than a month after leaving the EU, trade is flowing so badly that small firms are moving operations abroad to survive.
'After the Brexit deal was signed, Boris Johnson infamously claimed that there would be "no non-tariff barriers" on trade with the EU.' - Hilary Benn
13/02/2022
'After the Brexit deal was signed, Boris Johnson infamously claimed that there would be "no non-tariff barriers" on trade with the EU. It wasn’t true.'
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.
The financial toll of Brexit is clear for exporters like cookware maker Neil Currie: He is buried in new paperwork, has lost orders and the cost of exporting frying pans to France has doubled.
'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.
'Brexit scaremongering was fact', ex-French Ambassador to UK tells Rachel Johnson [2 mins]
10/05/2021
France's former ambassador to the UK Sylvie Bermann tells LBC that Brexit had "no advantages" and that facts were presented as "scaremongering".
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'.
'I hoped we would go for a sensible version of Brexit. It’s forcing businesses to comply with two sets of regulations.' - Former Siemens CEO [2 mins]
26/07/2022
Former Siemens CEO - “I hoped we would go for a sensible version of Brexit. It’s forcing businesses to comply with two sets of regulations. It’s a double cost. What we’re learning is that our so-called sovereignty is turning out to be rather expensive.”
A Tory minister was left squirming over the extra costs being suffered by small businesses because of post-Brexit border checks.
'I was an idiot': Exporter who 'bought' Brexit slams 'staggering and obscene' costs [4 mins]
09/02/2022
This exporter tells James O'Brien that "filling in commodity codes" and "getting test certificates" for his products because of Brexit has caused "staggering and obscene" costs and delays for his business.
'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.
'Nigel Farage is far too left-wing for my dad': Caller blames pro-Brexit father for failure of his business [5 mins]
07/02/2023
This caller blames his pro-Brexit father for the "crash" of his business after leaving the single market. / "After Brexit, my contacts gradually dried up, dried up, and dried up so I wasn't getting any more work in Europe."
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.
This was James O'Brien's powerful reaction to UK firms saying they are being advised by the Government to set up in the EU to avoid trade disruption.
'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.
50 days on: Boris Johnson’s Brexit deal
23/02/2021
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.
With Britain out of the European Union, companies that trade with the continent are contending with expensive disruptions to their businesses and a plunge in exports.
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.
British companies say EU customers have walked away from them because of the new red tape.
Just one in eight companies say the deal has been beneficial for them, British Chambers of Commerce finds.
According to figures released by Flanders Investment and Trade 81 companies have invested in Flanders rather than in the UK since the United Kingdom left the European Union. Above all companies involved in transport and logistics, sales and marketing, telecommunications and electronics and chemicals have been opting to make investments here rather than in the UK.
A Harrogate district horticultural business has estimated that Brexit-related bureaucracy cost it £210,000 last year
12/01/2022
Johnsons of Whixley, which sells over 5 million plants per year, said in a press release yesterday that the “bureaucratic burden” of Brexit had reduced revenue, increased cost and slowed its supply chain.
A recipe for bad lawmaking’ — company bosses slam ‘Brexit bonfire’ bill as poll shows support for stability
03/05/2023
Company bosses said they would prefer to retain the remaining EU laws rather than see them scrapped.
IoD warns a lack of preparedness will exacerbate port congestion when grace period ends in January.
Within a week, implications of the Brexit are being felt by businesses as food deliveries are delayed for not having the right customs paperwork, logistics companies halt the shipment of goods, and retailers discover their supply chains might be obsolete.
A SCOTTISH business has ceased all international trade after its owner said the impact of Brexit led to long waiting times, missed parcels and exorbitant costs.
Issues - dismissed by the prime minister as “teething problems” - show little sign of dissipating.
A "safety and security" agreement removing the need for post-Brexit entry and exit declarations between Britain and the north of Ireland is needed, the freight industry said.
Small businesses and the agri-food sector have been hardest hit by changes to trade following the implementation of the Trade and Cooperation Agreement (TCA) nearly a year ago, peers warn.
AmCham EU [American Chamber of Commerce to the European Union] publishes its cross-sectoral position on the EU-UK future relationship
28/04/2020
"While it is clear that ambitions have changed with respect to the past, AmCham EU calls on negotiators to seek an ambitious and comprehensive future partnership. We support a deal comprising zero tariffs, zero quotas, and zero barriers. Any deal should maintain regulatory alignment where possible ..."
The American Chamber of Commerce to the EU (AmCham-EU) published a cross-sectoral position paper on Tuesday turning the screw on the UK Government’s hard-line negotiating stance. Although it urges both sides to “work to mitigate disruption as much as possible”, the paper deals a devastating blow to Britain’s present strategy.
Brexit will never be done. Because it can never be done. Not for as long as the UK sits 50km off the European mainland and does 50% of its business with Europe. Not when the island of Ireland sits behind it – and the north east corner of that island is contested political ground.
The drop in activity recorded in new CSO figures, including a 65 per cent hit to imports, is substantial and sobering
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.
Following distributors Moore and Large, and 2Pure, another UK bike company, FLi Distribution, has ceased trading this year. / In a post published yesterday on Linkedin with the words, "FLi is done", Williams writes, "If you voted for Brexit, please realise this is 90% because of your decision back in 2016."
UK firms may struggle to get vital parts from the EU as new laws will force businesses across the channel to set up a presence in the UK.
One of the key architects of Boris Johnson’s Brexit deal has admitted it is damaging Northern Irish businesses and warned it may not be sustainable.
Architecture, engineering and building sector wholesale businesses hitting a brick wall thanks to Covid, Brexit, and manual processes impacting profitability
17/06/2022
A new survey commissioned by OGL Group reveals that Covid, Brexit and the continued reliance on manual processes are the greatest factors affecting profitability for architecture, engineering and building sector wholesale businesses in 2022.
A trade collapse with the EU shows that the damage will linger on far longer than Liz Truss did.
Already we are seeing clear signs. Businesses are once again increasingly quoting Brexit as their major challenge. Exports to the EU are down.
As Honda Prepares To Close Its Swindon Factory, Here's A Rundown Of A Dreadful Few Months For British Industry
18/02/2019
Everything you need to know about the hits business has taken.
Britain's leading employers are pushing the government to urgently increase funding to retrain workers and allow Europeans back into key sectors as supply chains buckle under the weight of COVID-19 and Brexit.
As trade through the Channel Tunnel collapses border delays and tariffs mean Brexit is wreaking havoc on our businesses
05/02/2021
It wasn't meant to be this way. From border delays to regulation and tariffs we were told would not exist Brexit is wreaking havoc on many businesses.
A fall of 65 per cent in British imports to Ireland in January gives lie to the mere ‘teething problems’ claimed by Brexiteers, with the collapse now in full swing.
ASEAN lacks real economic integration
04/09/2019
While European businesses are increasingly more confident about investing in ASEAN, the ASEAN Economic Community (AEC) is creating uncertainty for some business prospects according to a recent survey by the EU-ASEAN Business Council.
British PM is now more likely to push for 'harder' divorce from EU.
Badenoch slammed for ignoring Brexit realities and telling UK firms global trade ‘isn’t too tough’
20/06/2023
Kemi Badenoch has been criticised by business groups for trying to “shift the blame” after she told British businesses that international trade “isn’t too tough”.
If the UK leaves the EU without a deal, the government will not be able to support all affected industries. Against a backdrop of steeply deteriorating public finances, the government will be forced into impossible choices about which businesses and industries to save. Without clear principles, the fight over subsidies will be swamped by politics.
The government's own impact assessment of the Brexit deal confirms firms will have to pay fees, fill out forms and face border inspections when sending goods within the UK.
Sick of customs delays and extra bureaucracy since Britain left the European Union, Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate - in Germany.
This real-life experience of a small West Yorkshire company, before and after the creation of the single market, provides an insight into our imminent future in the event that we leave the EU without a worthwhile trading deal.
Like many other companies, however, XY Automation found itself having to deal with a roadblock of its own: Brexit.
Biscuiteers boss on Brexit: “Nobody can pretend that it's making it easy to do business in the EU”
12/12/2022
In Conversation With... Harriet Hastings, the founder of the British biscuit brand Biscuiteers tells MT about the hidden impact of Brexit, launching in a recession and the benefits of brick-and-mortar.
Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.
Maroš Šefčovič says he does not want to put existing deal ‘in the shredder’. / The EU’s Brexit chief has ruled out renegotiating Britain’s trade deal until 2026, dashing hopes it could be improved and prevent businesses fleeing the UK.
PM tells industry leaders anxious about stalled negotiations "rien ne vas plus", which means "no more bets" in the casino game.
Boris Johnson accused of failing to protect small businesses as one third say they are ready to leave UK
03/02/2020
Small business leaders have accused Boris Johnson of failing to protect them from the damage Brexit will inflict – with one third ready to quit the UK to escape it.
A couple of points are worth observing already. Nearly six years on from the Leave vote, the supposed opportunities of Brexit remain entirely conspicuous by their absence. And ramping up the rhetoric by claiming “immense opportunity” does not change this reality.
The prime minister blackballed business groups from his keynote speech on the future of EU trade talks yesterday, accusing them of failing to prepare their members for the “reality” of post-Brexit Britain.
Business groups have variously described a 22-minute call with the prime minister and the Cabinet Office Minister Michael Gove as "terrible", "disappointing" and "more of a lecture".
Boris Johnson's low-paid migrants ban 'disaster' as builders, bakers and care face big hit
19/02/2020
Boris Johnson's immigration plans for after Brexit are facing a massive backlash as industry leaders say key fields - like farming, construction and the stricken care industry - won't get the workers they need.
Boris Johnson’s Brexit trade deal ‘puts UK businesses at risk’ as 41% report fall in exports to EU
12/04/2021
Chambers of Commerce call for fresh negotiations with EU to lower trade barriers created by PM’s deal.
Brexit Proof Q&A: Donal Byrne, Big Red Barn / Donal Byrne is the chief executive of Big Red Barn, a company that designs and manufactures modular structures both to the event business and for use as homes.
The former Soviet satellite state is welcoming British companies looking to escape the tangle of regulations and financial obstacles of doing business in Europe.
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.
BrewDog CEO James Watt has warned that Brexit “has been tragic for UK business”, including his own.
A Kent brewery that the government proclaimed as an export champion after Brexit, is racing to find a buyer weeks after it revealed it had only one EU customer left.
Brexit has forced businesses to endure higher costs, more paperwork and border delays, a fresh report has found.
A NORTH-east MSP has claimed businesses and households in the region are suffering due to the effects of Brexit.
BUSINESSES in Scotland have been branded the “least confident” in the UK after sentiment plunged from its peak at the end of 2021, a new survey has found.
Ease of trading is key measure of success, say cross-channel businesses, not lack of lorry traffic.
Brexit a bigger worry for firms than climate
24/04/2023
MORE than one-third of small businesses in Scotland say the long-term impact of Brexit is a more pressing concern than climate change.
Brexit a ‘nightmare’ for Northern Irish business as MPs vote to remove Irish backstop from deal
30/01/2019
Companies have stopped investing in favour of holding onto cash in case it's needed after the UK’s withdrawal from the EU.
Goods worth nearly £3.5 billion are awaiting completion in Scottish manufacturers’ warehouses as key parts, ingredients and materials are delayed because of supply-chain issues fuelled by the pandemic, Russia’s invasion of Ukraine, and Brexit, a survey has found.
Brexit and pandemic have cost UK businesses £250bn each but EU departure tally now rising faster than Covid disruption
25/01/2022
The political choice of Brexit has cost UK businesses as much as the unforeseeable Covid pandemic.
A new survey by the British Chamber of Commerce's Insights Unit of 733 businesses (97% SMEs) shows the difficulties facing British firms in using the Trade and Co-operation Agreement (TCA) have not eased.
Brexit bad for business, says Tory mayor
27/07/2022
Andy Street’s comments come after Tory leadership contenders insisted Brexit has provided opportunities. / Brexit is bad for business, the Conservative mayor for the West Midlands has said.
Whether for inward investment, exports or tourism, Germany is a top five country for Ireland with potential for much more.
The number of UK businesses exporting to the EU fell by a third in 2021, new figures revealed.
Subrahmaniam Krishnan-Harihara, Head of Research at Greater Manchester Chamber of Commerce, said: "Despite the untouchability of Brexit politically it has undoubtedly had an impact on the strength of our currency, and added a layer of complexity to international trade."
Businesses have cited Brexit after the UK recorded its worst month in over two and a half years.
BREXIT uncertainty coupled with data protection pressures have led to a 15 per cent drop in the number of small and medium-sized businesses recorded as accessing free help such as advice and workshops last year.
Departures from UK companies help push global tally to five-year high.
Brexit blues: From Wetherspoon to Next, the company bosses who loved Leave until reality hit
11/11/2022
But six years on, reality is kicking in and some of the most ardent Brexiteers - including the heads of major UK employers - are starting to change their tune.
Norfolk firms are finding that they are being impacted by delays at the border caused by Brexit.
Brexit brings a blight, not a boon
22/11/2022
We need the word “rejoin“ to have the same weight and significance as the word “Brexit“.
Small design firms in the UK are moving their production abroad and setting up businesses in the European Union to get around a slump in business following Brexit. / "The UK is no longer a viable distribution hub" / "Best to not have anything even touching the UK" / "If you speak to any company, they're finding ways to remain in the EU"
‘Brexit is materially restricting our growth now,’ manufacturer Farrat says. / Manchester — Sick of customs delays and extra bureaucracy since Britain left the EU, Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate — in Germany.
The new post-Brexit trading environment is making life difficult for UK firms trying to export to SMEs in the EU – with little government guidance on how to cut through the bureaucratese.
Study finds higher prices and reduced competitiveness due to EU withdrawal.
Make UK says two-thirds of companies fear customs delays and red tape from new rules will further hamper supply chains.
Brexit concerns need to be heard
23/02/2023
The UK’s exit from the European Union is damaging business and the difficult trading landscape post-Brexit cannot continue, argues Dan Gyves, managing director at Esska Shoes.
78% of businesses said Brexit is the risk they are most worried about, while 70% think it is the second most urgent risk to address.
Lincoln-based insulation manufacturer and supplier, SuperFOIL Insulation, says it has lost a quarter of a million pounds revenue as a result of Brexit.
Frog Bikes reported losses of over £500,000 in 2022. / British children’s bike manufacturer Frog Bikes has said mounting Brexit costs drove it into the red last year.
Supply-chain pain caused by the UK’s split from the European Union still lingers for British manufacturers and retailers trying trade with the rest of Europe and beyond.
International delivery company ParcelHero is cautioning that businesses could face further disruption as the European Union (EU) prepares to sue the UK over its unilateral decision last week to extend the grace period covering new checks on parcels and food shipments to Northern Ireland.
Brexit crippled the UK economy – Liz Truss just made it worse | Economics | New Statesman [5 mins]
22/10/2022
Economist Duncan Weldon and the New Statesman’s polling expert explore how Brexit and austerity have damaged the UK economy and set the stage for Liz Truss’s “mismanagement.”
Brexit customs controls coming in January ‘disastrous’ for UK traders, business chiefs warn
24/12/2021
Government warned some businesses will collapse from extra red tape in 2022.
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
Brexit damage seen by 75%, independence referendum by 46% of business leaders in IoD survey
04/09/2021
THREE-quarters of business leaders believe Brexit is damaging the UK economy, a poll has revealed.
More than three quarters of British companies have reported that the trade agreement between the European Union and Britain has made it difficult for them to increase sales and grow their business, a British Chambers of Commerce survey showed. / "Brexit has been the biggest ever imposition of bureaucracy on business."
UK businesses have said the Brexit trade deal has pushed up costs, increased paperwork and delays, and put the UK at a competitive disadvantage, research from the British Chambers of Commerce has found.
Government refusal to link carbon market to EU’s has led to higher cost for British businesses.
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.
Brexit disruption at the border will get worse, ministers warn as businesses complain of ‘perfect storm’
08/01/2021
Some British firms have scaled back their operations on the continent after struggling with customs requirements.
40% of UK manufacturers have looked to domesticate supply lines, while many EU firms are complacent about trading with British companies, Make UK says.
Brexit end of free movement causing labour shortage ‘shock’ but not wage growth, government advisors warn
13/12/2022
Vacancies in sectors most reliant on EU workers not translating into higher wages.
The UK's new trading relationship with the European Union (EU) might be less than two weeks old but some businesses - and their European customers - are already struggling to adjust to the new trading landscape.
Scottish small and medium-sized enterprises (SMEs) fear the impact of Brexit on their businesses more than firms in the UK as a whole, according to a new report.
EU law is not bad for our health and safety – unfortunately, the same cannot be said of our government.
Brexit friction is hurting firms – Sunak must ‘strengthen EU relations’, top business body warns
16/02/2024
Businesses have still not adapted to the impact of Brexit and the government must “strengthen relations with the EU” to relieve the strain on firms, the UK’s top business body has told the government.
‘We lost about 10% of our revenue, which was clients leaving the UK for Europe’
Brexit fuels sharper fall in takeovers by UK investors in continental Europe than worldwide average
08/03/2021
The coronavirus pandemic and Brexit hampered deal activity between the UK and continental Europe in 2020, with the number of European businesses bought by UK acquirers falling by nearly a third.
The UK Public Accounts Committee has said that Brexit and the issues surrounding their new borders have added costs to business in Britain.
Brexit has been ‘big success’ says government – despite 60% of exporters struggling with red tape
31/01/2022
Top business body calls for ‘urgent action’ to ease trading barriers.
"It’s very difficult to date for manufacturers to see any benefit from leaving," an organisation representing thousands of businesses has said.
Leaving the EU has “massively handicapped UK companies that do business in Europe", James Watt has said.
Brexit has clobbered smaller businesses
30/04/2022
It has raised prices, too.
Slump in business investment since vote to leave EU has cost each household £1,000 in lost productivity
Food businesses sending products to the EU have had to fork out an extra £170m in export costs because of Brexit red tape, with the changes described as being “catastrophic” for some exporters. / Data shows costs have contributed to value of meat exports falling by 17% since 2019.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
System working ‘broadly as Leave advocates promised’, say think tanks’ report. / Post-Brexit immigration rules have led to a shortfall of around 330,000 workers in the UK and had helped fuel inflation, according to top economists.
LSE finds one-third decline in trading relationships under Boris Johnson’s deal – which has hit small firms hardest. / Brexit red tape means the UK has “stopped selling” many products to smaller EU countries, according to alarming new evidence of the impact on trade.
Dave Ramsden said the 2016 referendum had contributed to a lower “speed limit” for the UK economy compared to other nations.
Report finds almost two thirds of businesses have suffered from new EU import and export rules, while one in five companies have found it tougher to trade with Northern Ireland.
Economists at Natixis are trying to examine the effects on the UK economy of the June 2016 referendum that triggered Brexit. They look at the different important variables and seek to determine what the overall effect of Brexit has been on the United Kingdom.
Brexit has made Brits 'suffer' and been 'catastrophic' for the UK economy, says ASDA chairman Stuart Rose [1 min]
17/01/2023
Brexit has been "catastrophic" for British businesses and the country has "suffered" as a result, the chairman of Asda has said.
Brexit has made our life more difficult, say two thirds of all small businesses across Britain
27/11/2021
Around half of UK SMEs believe that Brexit has had a negative impact on the UK’s society as a whole awhile 64 per cent believe that it has negatively influenced the UK economy.
The OBR forecast that Brexit would cost the UK economy 4% of GDP now looks ridiculously optimistic as the damage mounts.
Brexit has increased costs for 51% of UK manufacturers, with 35% saying they have lost revenue and one in five that they have lost potential business due to Brexit, according to a new survey by the manufacturers’ organisation, Make UK.
While businesses struggle with the red tape of no-deal planning, ministers are busy with commemorative coins.
About 54 percent of Japanese companies with operations in the United Kingdom have been negatively impacted by the country’s planned exit from the European Union.
Only a small number of businesspeople who voted Brexit now consider Brexit an “economic price worth paying”, a new survey suggests.
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.
Brexit hits home, the end of Barryroe, and the last of the big beasts: Rewinding the week that was
25/06/2023
Brexit has for years been a problem for elite politicians, officials and business leaders. / Now that the final agreement has had time to bed in, the reality of it is filtering down to ordinary consumers and workers.
Stormont committee also hears many small businesses unprepared for customs workload.
UK companies have seen their new orders decline at the fastest pace for nearly two years this month, with manufacturing recording the steepest fall in export sales since May 2020 as firms experienced Brexit-related constraints, a survey shows.
An A-Z of Brexit impact stories by company.
Brexit impact ‘will get worse’ with supermarket shop to cost more and some EU products vanishing from shelves
23/09/2021
The full impact of Brexit on both businesses and consumers will not be felt until next year with shortages set to worsen in sectors ranging from food to building materials, a leading customs expert has claimed, writes David Parsley.
Close to 59 per cent fashion brands have said that Brexit has impacted their business since the end of the transition, as per a recent report. About 25 per cent of the brands surveyed said they have considered relocating all or part of their businesses and 91 per cent of them want a visa that allows creative access to EU countries cheaply and quickly.
Securing any EU trade deal and regional development in the UK are steep challenges.
Extra charges, disappearing suppliers and slow delivery times are killing off the side hustle
Brexit is costing the UK economy £100 billion a year ($124 billion), with the effects spanning everything from business investment to the ability of companies to hire workers.
The UK chief executive of the German manufacturing group Siemens has said Brexit is making Britain an international “laughing stock”, while urging MPs to pursue a softer withdrawal from the EU.
Johnson's much-trumpeted FTAs “barely scratch the surface of the UK’s challenge to make up the GDP lost by leaving the EU”.
Scotland’s Rural Affairs Secretary Mairi Gougeon was speaking ahead of an inter-governmental meeting on the two-year anniversary of Brexit.
Brexit Opportunities Abound – Part 1
16/02/2022
As you may have noticed Jacob Rees Mogg Esquire – as no doubt he would style himself – has invited the public to submit suggestions on the theme of ‘Opportunities of Brexit’. I could not resist replying. Could I possibly suggest that you, after reading this, do the same?
Brexit Opportunities Abound – Part 2
17/02/2022
Continuing the letter to Jacob Rees-Mogg, reminding him – he seems to need reminding – of the many new opportunities created by Brexit.
Confusion around the new Brexit rules for importing goods into Northern Ireland has caused a "nightmare", small business owners have said.
The Netherlands is reaping the benefits of Brexit with a boom in British businesses seeking warehouse space.
Brexit plan to slash tariffs after no-deal condemned as 'madness' and 'sledgehammer for UK economy'
13/03/2019
Slashing tariffs to zero on the majority of UK imports in the event of a no-deal Brexit will be a “sledgehammer for the economy” and deliver a widespread shock across the country, business groups have warned.
Many U.K. small firms are facing an “existential” threat as they grapple with obstacles Brexit has imposed on trade with the European Union, one of the country’s largest business groups said.
Growth slows as overseas companies buy elsewhere amid uncertainty, survey suggests. / Britain's manufacturing sector suffered a slowdown in growth in April as Brexit resulted in an acceleration of foreign firms shunning the UK and sourcing goods from elsewhere.
Brexit Proof Q&A: ‘The British government have made a complete dog’s dinner of the situation’
23/05/2019
"We have witnessed several of our UK competitors go out of business in the last year due to the negative impact Brexit is having on the UK economy."
Demand for British wine is up domestically but at the same time, Brexit has led to a shortage of seasonal workers, increased costs and red tape. / Across the country, similar problems have disrupted businesses since Britain fully left the European Union in January.
Brexit punctured our trade, says bike firm
28/03/2023
And the call comes as a Gloucestershire bike specialist tells Punchline its export business has been deflated by a lack of post-Brexit trading agreement.
Bank taking steps to avoid disruption but said Brexit could lead to higher costs if a restructure becomes necessary.
Brexit reality bites in Somerset
11/01/2021
One local business that is very much at the forefront of the impact of Brexit is BJW Logistics Ltd, a small transport company in Taunton, Somerset. I spoke to Barry, the owner and director of the company.
Brexit red tape blocks deliveries from hundreds of small GB food firms to Northern Ireland
21/06/2021
Food labelling laws – after leaving the EU – require food firms in Great Britain to have an European Union or Northern Ireland address, but many cannot afford the extra costs
More than half of Irish businesses said they experienced increased regulatory burdens because of Brexit in 2020 -- exceeding the 40% that endured global supply disruptions due to Covid-19.
Brexit red tape is costing Fenland firm
04/02/2021
A businessman who says Brexit is destroying his business thanks to red tape has challenged the Prime Minister to try filling in the necessary customs forms.
Brexit red tape led to us suspending EU exports and profit dropped to zero, says business owner
03/08/2023
One small business owner said her net profit margins had dropped to zero in the years since Brexit.
Brexit red tape onslaught deepens as UK economy loses £47bn because businesses drown in cross-border tax complexities
18/05/2022
Cross-border tax complexities cost the UK economy £47.6bn in lost revenue last year, an average revenue loss of 16 per cent on total EU exports, according to fresh industry data shared with City A.M. this morning.
Fears of new disruption to fresh produce supply from EU when import controls hit in October.
“This shows how the post-Brexit increase in custom costs to UK consumers is really biting," a senior manager at an accountancy firm has said.
Britain’s food inflation is already at a 45-year high and businesses worry new red tape will make matters worse. / A new system of border checks on goods arriving from Europe is expected to force rocketing U.K. food prices even higher as businesses grapple with hundreds of millions of pounds in extra fees.
Brexit regret: Why the ‘undeniable disaster’ finally hit home with the British public in 2022
01/01/2023
Public opinion shifted against Brexit after a deluge of damning evidence on economic costs.
Brexit Republic - Ep. 15
08/11/2018
Tony's in Helsinki at the EPP's Spitzenkandidat coronation / No deal and what it means for Irish businesses (spoiler - lot's of paperwork) / BDO's Carol Lynch gives ground level view on what will happen at Irish ports and to Irish businesses if no deal is agreed, or later if a free trade agreement is reached.
The Tory race for the top job rumbles on. Europe attempts to fill its own big positions. President Michael D Higgins hears strong words of support on Brexit in Germany. We also get a business view of the 'no deal' sentiment and get the reflections of a former European Parliament Brexit steering group member as she wraps up her term.
Brexit Republic - Ep. 6
31/08/2018
RTÉ's Europe Editor Tony Connelly looks behind the Brexit headlines. / British Chamber of Commerce Director General Adam Marshall tells Brexit Republic about the clarity his members are still looking for in the Brexit negotiations.
The company also expects to pay additional costs of around £10m per year due to the restructuring.
Brexit rule changes coming into force from today - and how they might affect the UK's shops
01/01/2022
New Brexit rules are coming into force today which have caused concerns over possible food shortages and increasing costs for businesses.
Brexit split with EU over personal data risks harm to UK business and security, report warns
07/08/2022
Proposals ‘driven by desire to show benefit from Brexit’.
Brexit still bites for business
06/01/2023
From confused carriers to mind-boggling bureaucracy, Lucy Reece Raybould, CEO of British Footwear Association (BFA), tells Drapers how Brexit is still impacting trade for UK businesses.
The closure of Wrexham’s Business Hub was due to the impacts of Brexit, First Minister Mark Drakeford has said.
Food industry bosses have condemned Brexit as an “unmitigated disaster” and claimed the cost of disruption has caused some firms to shut for good.
An additional £600m in costs hit British importers since Brexit came into force, taxes which were not required when Britain was in EU's single market.
New red tape and charges causing ‘major problems’ to 35 per cent of traders relying on parcel deliveries.
Scottish firms have been “thrown to the wolves” over the post-Brexit trade chaos at cross-channel ports and the situation may worsen, MSPs have been warned.
The post-Brexit trade deal between the UK and EU is a "thin deal' for Wales, says the first minister.
Brexit trade deal is top priority for exporters ahead of trade outside Europe and coping with coronavirus
09/12/2020
A poll by Opinium shows that trade with the EU is considered the most important political issue for exporting firms.
77% of firms, for which the Brexit deal is applicable, say it is not helping them increase sales or grow their business. / More than half (56%) of firms face difficulties adapting to the new rules for trading goods. / Almost half (45%) face difficulties adapting to the new rules for trading services, and a similar number (44%) report difficulties obtaining visas for staff.
Business leaders have called for urgent removal of red tape that is damaging trade between the UK and the EU.
Brexit trade deal: what does it mean for UK businesses, from fishing boats to financial services?
30/12/2020
From 1 January firms face a barrage of new red tape while others are still waiting on vital decisions about how they will trade with the EU in the post-Brexit era.
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.
A recent survey carried out by the British Chambers of Commerce (BCC) shows a rise in the proportion of firms reporting difficulties with the various changes brought about to UK-European Union (EU) trade compared to when the same questions were last asked in January.
Brexit trade war would have ‘immediate and devastating’ impact on UK economy, industry warns
15/11/2021
Business chiefs and economists say huge disruption lies ahead if Downing Street triggers Article 16.
Business leaders say the second anniversary of Brexit today has been marked by continuing difficulties for exporters trying to trade with the EU.
The House of Lords European Affairs Committee heard that whilst technology infrastructure and digital tools could help, more clarity and support is needed.
Any additional or persistent uncertainty around Brexit “is not going to help” with soaring energy prices and the high cost of living, the European Commission (EC) vice president has warned at a meeting in London today.
Brexit warning for UK businesses with one month to go before end of transition period as trade talks continue
01/12/2020
Angela Merkel has warned that a failure to strike a free-trade deal would be a defeat for both the EU and UK.
Major UK manufacturers know what they are talking about, unlike those clamouring for a no-deal exit.
Company leaders said Brexit is one of their biggest concerns – with key issues being a lack of access to EU migrants.
Foreign secretary attempts to blame Brussels for red tape hitting exporters.
Immediately after the referendum, sterling depreciated. This brought forward the impact on household incomes of what would otherwise be a slow burn change for the UK economy.
Scotland’s rural affairs secretary hit out at the UK leaving the EU two years on from the finalisation of a deal to leave the bloc.
Three years on since the UK left the European Union (EU), a Midlands business owner has described the move as a "complete disaster". / Nic Laurens, who runs an abrasives supply firm in Shropshire, moved 90% of his company to the Republic of Ireland in order to remain in the EU.
UK's departure from EU now emerging as major business travel compliance headache
Brexit's toll on Scotland’s exporters highlighted in Fraser of Allander-Addleshaw Goddard survey
29/04/2021
NEARLY two-thirds of Scottish businesses which trade with the European Union have experienced “negative” or “very negative” impacts on this activity since the end of the Brexit transition period on December 31, a key survey reveals.
The Scottish Government paper claims Brexit is damaging business, migration and devolution itself, with External Affairs Secretary Angus Robertson (below) insisting “Scotland has to consider its future path” when the coronavirus pandemic is over.
BREXIT, Polish-British cooperation and Polish diaspora in Great Britain – interview with the Polish Ambassador to Great Britain and Northern Ireland [in Polish]
21/04/2021
On April 14, 2021, the Warsaw Institute, together with The Warsaw Institute Review quarterly, had the honor of hosting another online event – the Diplomacy Talks Series. The title of the discussion, moderated by the president of the Warsaw Institute, Tomasz Kijewski, was “BREXIT and its importance for Europe and the Polish diaspora in Great Britain and Northern Ireland”.
Enterprise Ireland has paid out more than €120 million in supports for companies severely impacted by Brexit, chief executive Julie Sinnamon has told an Oireachtas committee.
Brexit: a ‘total disaster’ of our own making
07/02/2024
Brexit has caused a crisis for British manufacturers who export into Europe – and things could be about to get even worse...
Sky's Paul Kelso writes that the prospect of removing checks in Northern Ireland highlights how trading with the EU has just got harder for the rest of the UK. / By luck or design the breakthrough in Northern Ireland, facilitated by the easing of customs controls, came on the same day that trade between the EU and the rest of the UK became a whole lot more complex and costly.
UK hauliers of perishable goods are wanting to be prioritised at the port crossing into Europe, complaining that long wait times are causing products to go bad.
It may have been over three years since the UK formally left the European Union but UK brands and retailers continue to face a slew of challenges in navigating post-Brexit trade. Drapers identifies the persistent pain points and how they are being managed.
The British economy is beginning to understand what it is to be tipped over the cliff edge. Cries of alarm and distress flares are going up across the length and breadth of the country, and from industries as diverse as fishing and finance and from pigs to paint.
“This has placed British businesses at a competitive disadvantage and reduced the incentive on the European Commission to negotiate measures that would lessen the burdens facing British producers."
Extra import controls will be ‘impossible’ for small businesses, says food industry chief.
Brexit: Paperwork and bureaucracy have created barriers at the border as tough as tariffs
13/04/2021
In the months since the Brexit transition period ended, trade flows at British borders have plummeted and border checks have been deemed so unworkable that their implementation has been pushed back by a year. Dire figures and delays point to the fact there is far more to free trade than tariffs...
Brexit: Six Months On - Panorama [30 mins]
05/07/2021
Panorama follows companies on the Brexit frontline as they navigate their way through Britain’s new trading relationship with Europe.
Brexit: taking food safety with us
13/03/2023
Food businesses are waiting on tenterhooks to see what changes the UK Government will make to regulations and standards following Brexit. But how are food safety bodies such as the FSA planning to mitigate industry pressures?
Brexit: The Impact on Business [£]
31/12/2016
The U.K.'s vote to leave the European Union has buffeted companies in Britain and beyond. Some have warned of earnings hits, possible headquarters moves, or cost cuts linked to the referendum, while others have put deals on hold. A few have reported possible benefits, too.
Brexit: The scorecard two years on
02/01/2023
So how is it going? In economic terms, the past year has helped differentiate the impact of Covid from the impact of Brexit. / Doing so has exposed a hefty price being paid by many firms, as well as public service employment, for dislocation of Britain from its nearest neighbour's trading bloc.
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.
Firms have been hit by increasing red tape and delays at ports since Brexit at the year end, while the Northern Ireland Protocol has caused significant disruption at the Britain and Northern Ireland border.
Tor Mackenzie, Founder of MAD Yorkshire takes stock of the issues created by Brexit and how the industry can bounce back.
Brexit’s harvest
27/10/2022
Brexit-induced labour shortages are going to be a limiting factor in the pursuit of growth, growth, growth
In January, UK goods exporters soon discovered the ‘tariff and quota-free’ deal Boris Johnson signed with the EU did not offer frictionless trade.
BREXIT is already having a “tangible and harmful impact” on people’s quality of life and on businesses, according to a new Scottish Government analysis.
Brexit… out of fashion in Somerset
04/05/2021
It would be fair to say that businesses in Somerset are now really starting to feel the effects of Brexit and our new trade deals with the EU and the rest of the world. From all the businesses I have spoken to so far the effects have ranged from bureaucratic nightmares with unnecessary paperwork and extra costs to complete shutdowns of exports.
Controversial Tory bill set to inflict further damage on businesses, with no clues yet about incoming legislation.
Jacob Rees-Mogg announced checks on imports to the UK, that were finally set to enter force in July, will now not happen as planned and instead be 'reviewed' before being introduced in a different form.
Britain on Tuesday said it would retain the European 'CE' safety mark for products indefinitely rather than scrap it following the country's departure from the European Union, in a move welcomed by businesses as a pragmatic step.
Ministers are portraying themselves as victims of a deal they created for Northern Ireland. A classic blame-shifting strategy.
UK firms warn that even with a trade deal, both sides need to phase-in changes to border checks over six months.
British companies trading with Europe will have to absorb a post-Brexit bureaucracy burden and fill in an extra 215m customs declarations at a cost of about £7bn a year, according to government officials.
Letter says government needs to act quickly to resolve customs issues faced by exporters following Brexit
A government adviser told this British businessman to replant his company in the European Union because they have “no information” about what to do after Brexit deadline.
British Business Travellers Are Being Turned Back From EU Countries for Breaching Post-Brexit Travel Rules
19/10/2022
British business travellers are being turned back from European countries for going against post-Brexit movement restrictions that will be applied more rigorously once the European Travel Information and Authorization System (ETIAS) is introduced in November next year.
UK companies are coming to the hard realisation that Boris Johnson’s “tariff-free” Brexit trade deal may not actually do what it says on the tin.
Years after Britain quit the European Union, its businesses are still suffering from lower sales as red tape makes it harder to export to the 27-nation bloc.
The chair of the British Chambers of Commerce, Shevaun Haviland, says British exporters have faced "huge issues" trying to sell their goods abroad since Brexit.
Simon Spurrell said the government is "so anti-Europe they won’t even discuss getting a better deal sorted out".
A surge in inflation and friction following Brexit has reportedly stagnated UK exports for more than a year.
Though Johnson promised ‘no non-tariff barriers’, firms say they are struggling under ‘compliance burden’ of customs and safety checks.
Customs checks and border queues cited as leading barriers, as only 29% of firms say sales increased in Q2.
Almost half of food and drink manufacturers in the UK claim their competitiveness with the EU has fallen in the past year, The Grocer can reveal.
British government thwarting the north's potential to exploit post-Brexit trading difficulties in the Republic – Stephen Farry
10/08/2022
THE BRITISH government is thwarting the north's potential to exploit trading difficulties in the Republic created by Brexit, according to Alliance's deputy leader. / Mr Farry said the official statistics illustrated that the "nonsense of Brexit brings wide-ranging consequences", including for large aspects of the supply chain into the Republic.
British traders still awaiting rules for the end of the transition period and face redundancies
07/12/2020
Businesses who raised concerns range from road hauliers to whisky manufacturers, while builders are running out of supplies.
Daniel Lambert, who supplies M&S, Waitrose and 300 independent retailers, to set up in France after £150,000 hole in revenue.
Peter Ricketts, former British ambassador to France, tells of the difficulties faced by businesses and the 'extra red tape' as well as travel changes.
The impact on hard-pressed Scottish businesses - already reeling from covid lockdown - that has emerged as the biggest Brexit fail.
Brompton Bikes' CEO Will Butler-Adams has addressed the issues facing brands in the industry, and points to enduring problems from Brexit, rising energy bills, the pandemic and the cost-of-living crisis for contributing to a challenging time for the folding bicycle manufacturer.
‘Prepare for the worst’ EU officials tell business after Sajid Javid’s FT interview.
Brussels has encouraged European businesses to revive their no-deal Brexit planning preparations as it warned of "inevitable changes" no matter the outcome of trade talks with the UK.
Bureaucratic Brexit checks have begun and are hitting British businesses when they’re at their most vulnerable
06/01/2022
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
Several banks and multinationals including Airbus, Nissan and Ford have in the past few months made moves to disengage from the UK fearing the impact a no-deal Brexit would have on their operations.
Many firms are clinging on during the coronavirus crisis and have no capacity to to contemplate failure in talks with EU.
Companies in the ITV Anglia region say new customs controls are causing delays and could lead to problems with supply.
Sky's Paul Kelso, at the CBI's annual conference, says there is a clear message that Brexit isn't working for business and the government is failing to deliver policies that will help growth recover.
Business group ready to back new vote
08/01/2019
An influential business body has withdrawn support for Theresa May’s Brexit deal and is prepared to advocate a second referendum.
Leading British business groups and unions have called on Rishi Sunak to delay post-Brexit plans to shred all retained EU laws by 2023.
AN ACCOUNTANCY company has launched a new business immigration visa service to help firms recruit talent from overseas. / Azets is an international outsourcing advisory group with offices and firms located across Dorset and Hampshire.
“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.
Industry bosses say retailers will struggle to keep shelves stocked at Christmas amid worker shortage.
Brexit is having a negative impact on business, according to almost half of UK IT leaders questioned in a Computing Delta study.
Senior ministers expected to sign off on the UK’s negotiating blueprint on Tuesday.
The European Commission has accused the UK of undermining the trust needed for effective operation of its post-Brexit trade deal.
Business leaders from major companies across Northern Ireland have written to the Prime Minister to voice their support for the Windsor Framework.
A North East business leader who wrote to the Prime Minister a fortnight ago asking him to tackle problems caused by Brexit said he is yet to receive a reply.
Firms couldn’t plan as the government refused to confront the realities of leaving. Now we are out of time.
The Institute of Directors and the West Midlands’ Tory mayor Andy Street have cited the UK’s relationship with Europe as a major impediment to business confidence and performance.
Northern Ireland businesses have told MPs they need an extension of "grace periods" for Irish Sea border checks.
British Chambers of Commerce’s outgoing director calls for closer cooperation with the EU.
The delay in extra checks on EU imports has been criticised by businesses for creating confusion and leaving UK borders vulnerable to unsafe produce.
Businesses have been hit hard by Brexit, according to research by an affiliation on Chambers of Commerce in the region.
Some food and drink companies have seen their income shrink by as much as half. / Scottish businesses are losing millions of pounds because of the soaring cost of exporting to the EU in the wake of Brexit.
Northern Ireland traders call for an extension to Brexit deal grace periods amid warnings they’re drowning in paperwork.
"The UK chose Brexit in a referendum, but the government then chose a particularly hard form of Brexit, which maximized the economic cost."
An Ipsos poll suggests that most people think Brexit is going worse than expected.
There are mounting concerns over the lack of preparedness of businesses as the end of the final phase of the UK’s departure from the EU nears.
British businesses are pulling out of Europe due to costly new paperwork associated with Brexit.
Freight Transport Association prepares list of ‘mini-deals’ UK must seek from EU to ensure Britain keeps trading. / Business leaders will call for a series of emergency measures to cushion the blow of the UK crashing out of the EU if Theresa May’s Brexit deal is not ratified in a critical parliamentary vote next week.
Businesses to face billions in customs declarations costs from 1 January under Government’s new Brexit border control plans
13/07/2020
Around 10 to 12 inland posts, five of which will be in Kent, are expected to be required to process goods coming in and out of Great Britain.
BUSINESSES should expect more paperwork, bureaucracy and additional costs on trade between the north and Britain when the Brexit transition period ends in seven months’ time...
SCOTTISH fishing businesses have bemoaned the “unnecessary hassle” of bureaucratic changes to exporting goods to the continent under Brexit rules.
‘We must leave with a deal that protects jobs and livelihoods – or get mired in a swamp,’ says Confederation of British Industry.
A man who says his business has folded due to Brexit has warned his home town of Scunthorpe about what the possible effects of leaving the EU might be.
Jacob Rees-Mogg raises business hopes by saying there is ‘no point’ to tests – but is slapped down by No 10
UK trade volumes have been “suppressed” by the impact of Brexit and Covid-19 and the impact of new customs agreements on businesses is “concerning”, according to MPs.
Caller who voted Brexit for 'less bureaucracy' has goods held 'hostage' and stock delayed
14/05/2022
This frustrated business owner who voted for Brexit because she was "fed up with the bureaucracy" of the EU now has "more of it" as her business struggles to cope with additional costs and delays.
'Securing a good deal with the EU, our most important trading partner, will open doors that have been closed by uncertainty. As of 31 January, the UK moved into a transition period until December 2020. While this reduces the immediate risk for businesses, without an option to extend transition, there remains a risk of no deal in a year’s time.'
Carolyn Fairbairn says the UK economy is in ‘suspended animation’ while issue remain unresolved.
As the years have rolled on, the enormous disadvantages of leaving the European Union have been there for all to see but the supposed benefits touted by those who brought us Brexit have remained entirely conspicuous by their absence.
CEI Electrical Limited owed an estimated £1.67million when it went into administration in July, with directors citing bad debts, Brexit, Covid-19 and rising costs.
Some 110 business leaders have warned U.K. Prime Minister Boris Johnson of dire consequences if he fails to sign a trade deal with the European Union before the Brexit transition period ends in six months.
Chesham and Amersham MP Sarah Green, has called on the Government to face up to the negative impacts of their Brexit deal and work to support those affected.
From October, consignments carrying some meats, dairy and fish will require vet-signed export health certificates.
Christmas food at risk as new Brexit regulations leave businesses out in the cold – again
01/08/2023
Many businesses are unprepared for the new rules which will come into effect from October 31.
Citing Brexit, “it may not be viable to invest in UK manufacture for export”, says Cycloc
13/02/2023
Having made national press headlines in January in relation to its stance on Brexit and the associated costs to its business, Cycloc has today expanded upon the complaint, adding that it is becoming less viable to invest in its UK production given the new and enhanced hurdles it faces exporting its goods.
Business lobby group warns failure to act will put UK’s economic recovery from Covid crisis at risk.
Companies bringing goods into Great Britain face a new set of bureaucratic hurdles from 1 January, as the UK imposes full Brexit customs controls on imports from the EU for the first time.
Speaking to Sky News, a former British ambassador to Japan noted the impact of Brexit, saying many companies are maintaining a presence in the UK, but moving the bulk of their operations to Europe. / Asked about the former ambassador's assertion, Labour's shadow environment secretary Jim McMahon told Kay Burley: "To some degree, it's a natural consequence of leaving the single market."
A company that praised Brexit as "excellent" for business is now near collapse after the government rejected a £30m ($34m) advance.
There were some concerns raised with SDLP councillor Rory Farrell and Sinn Féin councillor Conor Heaney laying the blame for the loss of European funding firmly on Brexit.
Concerns raised over cost of Brexit
10/02/2022
A year after leaving the EU, the real costs of Brexit are becoming clear to many West Lothian businesses. / SNP group leader, Councillor Janet Campbell, has told how Brexit costs are adding to every facet of daily life, from medicines to door locks.
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.
Conservative minister contradicts Theresa May on no-deal 'disaster' and indicates he could resign
10/01/2019
Cabinet minister Greg Clark has refused to rule out resigning if Theresa May pressed ahead with a no-deal Brexit, as he said such a scenario would be a "disaster".
Rishi Sunak is facing fresh demands to improve the UK’s Brexit deal with the EU.
Conwy pet food firm hit by Brexit red tape and added costs with fears customers will be lost
27/01/2021
Pero Foods in Betws-y-Coed has spoken of the post-Brexit 'chaos' in the system for exporting to the EU.
A RECORD 78 per cent of UK firms attempting to recruit faced difficulties in finding staff in the first quarter, a survey by British Chambers of Commerce shows.
HALF of manufacturers fear Brexit customs costs will harm their businesses this year, according to a leading industry body.
The UK government does not "fully comprehend how difficult it is for businesses to plan" for Brexit, the boss of Wales' largest building society has said.
Covid Crisis Means Six Month Extension To Brexit Transition ‘Inevitable’, Lidington Warns
02/05/2020
Theresa May’s former deputy says public and business realise coronavirus should be the priority.
No matter how much the UK Government tries to make a virtue of Brexit, the decision to quit the European Union and so curb the freedom of people from the bloc to live and work on these shores continues to haunt one of Scotland’s most important industries.
A new cross-party group comprising of MPs, business leaders and economic exports is being established to provide independent scrutiny of the UK’s trade deals with Europe and the rest of the world.
Hundreds of companies across Cumbria have less than a month to ensure their workers are not affected by the post-Brexit immigration law changes.
Cumbria Chamber of Commerce has responded to an economic survey showing half of firms surveyed are planning to raise prices in the next three months despite cost pressures easing.
Without pass, exporter’s goods could be held up at UK ports and airports after 31 October.
Cut Brexit red tape, BCC tells government
19/01/2022
The British Chamber of Commerce has called on the government to make exporting easier for SMEs, such as reducing red tape.
The company first began operations in Belgium in 2021 due to what it calls the "challenges of Brexit" around shipping equipment to EU countries.
New post-Brexit border controls coming in from Wednesday could result in higher prices and delays in fresh goods coming in from the EU. / It means significant new red tape, and more money out of our pockets on products like cheese, fish, and flowers.
Reflecting on the time since the UK’s exit from the EU, businesses surveyed report ongoing challenges and concerns since the departure, including volume of paperwork (45%) and complexity of regulations (50%).
Did Brexit Work for Business? Dispatches
15/11/2021
A look at the impact leaving the EU has had on some of Britain's small import and export businesses.
Manufacturing firms are appealing to ministers to match a European grant scheme that subsidised the cost of installing renewable energy. / Under the EU system companies were able to claim up to a third of the cost for installing solar panels, biomass boilers or double glazing.
Don't scrap EU rules, firms and unions say
24/11/2022
Business groups and unions are urging the government not to go ahead with plans to ditch a wide range of EU laws, warning the move could cause "confusion and disruption" in the UK.
Unlike Boris Johnson, who was paid £94,507 for a single two-hour speech, I have to work hard for every penny I earn. Since the EU referendum I've been forced to cut staff and shrink my business.
Political distance from Brussels has been achieved. This is not up for question. However, economically speaking, there is vast room for improvement. The OBR calculates, in its current form, that Brexit is reducing our GDP by four per cent. This compares to around 1.5 per cent caused by Covid.
More than a year on from Brexit Welsh companies say they are feeling the pinch from making fewer sales to Europe.
The creation of a dual regulatory system in Northern Ireland would create a series of reputational, legal and commercial risks for local businesses, the Government has been warned.
The creation of a dual regulatory system in Northern Ireland would create a series of reputational, legal and commercial risks for local businesses, the Government has been warned.
Dublin presses Brussels and London to allow Northern Ireland businesses to export using EU free trade agreements
27/10/2020
THE Dublin government is pressing Brussels and London to allow Northern Ireland businesses to export around the world using EU free trade agreements.
He said the move "hugely reduces" the risk of post-Brexit divergence on product standards between Northern Ireland and Great Britain.
The end of the free movement has led to a shortfall of around 330,000 workers in Britain. Most are in less-skilled sectors of the economy.
East Anglia small businesses still reeling from Brexit one year on as red tape and import costs soar
05/04/2022
A restaurant owner has warned businesses are still feeling the impact of higher import costs after Brexit - and says it could force him to the wall.
East Anglia's small businesses adapting to survive and thrive in post-Brexit world [4 mins]
05/04/2022
ITV News Anglia has been catching up with small businesses across the region to find out more about what the end of the UK's membership of the European Union has meant for their fortunes.
‘Some sections of the community are starting to sense they are sitting on a powder keg’
An exclusive poll for i shows that firms feel the Government had not done enough to support them through Brexit.
The European Council on Tuesday approved a 5 billion-euro ($5.8 billion) reserve aimed at helping EU businesses tackle the short-term effects of Brexit.
The European Parliament has commissioned dozens of impact assessments or studies on Brexit from experts, across a broad range of policy areas, which are publicly available online. This webpage will be regularly updated to include further relevant publications.
The European Commission said on Monday it had approved a 50 billion pound British “umbrella” scheme to support companies affected by coronavirus outbreak.
The UK has left the EU. Find information and support to help your business manage the changes.
The transition period ended on 31 December 2020. Since that date, trade volumes have been suppressed by the impact of COVID-19, EU exit, and wider global pressures. It may not be possible to separate out the impact of these individual elements on the UK’s trade with the EU, but it is clear that EU exit has had an impact, and that new border arrangements have added costs to business.
High inflation, low investment confidence and a weaker currency make the UK an attractive target for European suitors.
For some weeks the British government has been planning a “shock and awe” campaign to warn British businesses that they have less than six months to prepare for Brexit; but the EU has beaten them to it.
Around a third of EU nationals living in the UK have yet to secure settled status to remain in the country, creating a “ticking time bomb” for British businesses, a legal charity has warned.
Trade body Make UK adds to pressure on Rishi Sunak as it calls for reset of relationships with Europe. / Business leaders say frayed relations with the EU are costing the British economy, as suppliers in the bloc grow more cautious about doing business with post-Brexit Britain.
EU Commission warns time is running out after first committee meeting on NI protocol.
Eurora Solutions has launched its Service Portal, enabling UK Small and Medium Enterprises (SMEs) to outsource the complexities of dealing with the red tape caused by Brexit.
The latest figures from Exeter Chamber of Commerce reveal true price of trade on the city's businesses.
BREXIT-related factors are still being flagged by UK companies as a cause of lost business from overseas, a senior economist has declared.
With or without a deal with the EU, both businesses and consumers face price hikes and supply shortages from the New Year.
Brexit is again in the spotlight – is anyone surprised? – as a new survey published this week found that more than three quarters of companies doing business with the EU think the deal is of no help in growing their economic activity. More than half of the British Chambers of Commerce members said they had problems complying with new exporting rules.
A leading skateboard distributor has set up another business in the Netherlands to avoid paying tax twice on exports after Brexit.
Broken English, a shop full of UK-sourced delicacies, has had a presence in the German capital for 24 years. Yet with the unknown effect of Brexit looming, the curtain is falling on this much-loved store that relies on imported goods.
Manufacturing organisation Make UK said the sector is battling to fill 95,000 vacancies.
Firms 'won't be ready for EU customs exit'
17/04/2020
Businesses fear big hold-ups at the docks when the UK leaves the EU customs area because of untrained staff.
Irish companies employing UK nationals working in other EU member states are being alerted to changes arising from Brexit which mean that their employees are now subject to potential work permission requirements.
British firms do not have the resilience to cope with a no-deal Brexit after the battering of the coronavirus crisis, according to the outgoing boss of industry body the CBI.
Two in five firms that trade with the EU expect to see a fall in business compared to before the coronavirus crisis, a new study suggests.
Firms are "banging their heads against the wall" two years after post-Brexit trading began, a new report suggests. / The British Chambers of Commerce (BCC) said businesses were still grappling with EU trading arrangements and more red tape.
A government minister has criticised businesses for taking a "head in the sand approach" when preparing for post-Brexit trade.
U.K. traders are falling foul of a new IT system policing goods crossing the English Channel, as companies grapple with a fresh wave of post-Brexit red tape.
Businesses across the EU who have been affected by Brexit will receive a new round of funding worth €2 billion over the next year, the European Commission has announced.
New border rules introduced last week are already creating problems for exporters and traders, say firms.
The Netherlands British Chamber of Commerce said they have been working “night and day” on inquiries from UK companies in recent weeks.
From online shopping to fishing to musicians, here are some of the obvious problems that have arisen since January 1 - as well as a few things that have gone better.
Alarm raised over business ‘barriers’ which ‘cost jobs and money in the UK’ – as public unhappiness confirmed. / “no appetite for widespread deregulation or divergence from EU rules” – UK Trade and Business Commission
Flanders attracts over £2bn in investment projects from UK based businesses following Brexit
22/11/2021
British companies are moving their European bases to Belgium to manage the challenges posed by Brexit and are now trading with the EU from there.
Flintshire and Wrexham: Brexit trade impact could see Wrexham and Flintshire economies lose £300m a year
08/03/2021
BREXIT could cost the economies of Wrexham and Flintshire as much as £300m a year, new research suggests.
Food Businesses Brace For A New Wave Of Post-Brexit Paperwork Affecting Pizza, Pies And Sandwiches
21/04/2021
The UK food industry is warning that a deluge of new post-Brexit red tape which comes into effect today will increase export paperwork by a third and make some sales to Europe unviable.
UK to introduce import controls on certain food and agricultural goods from October 1.
In the political realm, no one knows how Brexit’s long-running theater of the absurd will end. But for much of the business world, Britain’s departure from the European Union has effectively happened.
Former Brexit negotiator accepts 'extra costs' of leaving EU after report criticises border delays
09/02/2022
The man who negotiated the UK's Brexit agreement has accepted there are "extra costs" for British firms now they're outside of the EU, after a Commons report criticised the added bureaucracy necessary to trade with the bloc.
French minister launches booklet that warns companies should seek other options in case of no-deal Brexit
The UK government’s post-Brexit plan to ditch all EU laws by the end of next year have fallen further into jeopardy, after civil servants discovered 1,400 more pieces of retained legislation.
From Brexit to Regrexit [9 mins]
10/01/2023
Almost three years after the United Kingdom's formal departure from the European Union, voters are turning sour on the 2016 decision to leave. A recent poll showed that 57% of voters view the departure from the EU as a mistake compared to the 52% who voted for the original Brexit referendum. So what changed?
Northern Ireland risks becoming a “legal basket case” that will deter trade and investment if Article 16 is triggered, companies have warned.
Frustrated caller brands Boris Johnson a 'liar' after Brexit forced the closure his business [6 mins]
12/04/2023
As President Biden's visit to Belfast reignites Brexit talks, this defeated caller labels Boris Johnson a "liar" after he promised "frictionless trading" post-Brexit.
The economic costs of Brexit were masked by the Covid-19 pandemic and the crisis in Ukraine. Now the effects have become clear.
Further delays to Brexit Border Checks will not resolve issues for trade, says Logistics UK
01/04/2022
Any additional delays to the introduction of post-Brexit border checks on imports will simply postpone the inevitable, and send mixed signals to businesses that have been urged for months to get ready for the additional formalities involved with moving goods across the UK’s borders, according to business group Logistics UK.
A Fylde coast small business is among thousands nationally being hammered by extra charges in the wake of Brexit.
It is all about March 29th and getting ready for the UK’s departure from the European Union, says John Byrne.
Gibraltar after Brexit: Residents stuck in time-warp of ‘distress and anxiety’ as Spain nears deal with UK
18/01/2023
Spain and Britain are reportedly close to a deal on the status of Gibraltar, but those living there say the anxiety over their future is making it difficult to cope.
A MUCH loved family man and keen rugby player took his own life after his business suffered financially due to Covid and Brexit.
Labour peer Baroness Hayter has claimed attempts by government to limit parliamentary scrutiny of the repeal of EU laws is "irresponsible and potentially dangerous", as the government prepares to review and scrap or recycle around 4,000 pieces of legislation by the end of this year.
Industry leaders fail to see the ‘streamlined and simplified’ customs paperwork hailed by UK government.
The government has announced a major climbdown over its Brexit plans to remove EU laws from British statue books by the end of the year.
The government is facing an unprecedented backlash from five key industries over Boris Johnson's plans for post-Brexit trading arrangements.
Government messaging in the build-up to Brexit failed traders over the extent of changes brought about by rules of origin requirements for trading with the EU.
Government has failed to properly prepare for no-deal, watchdog warns for 12th time with just four weeks to go
02/12/2020
Public Accounts Committee says ministers are ‘taking limited responsibility’.
The outgoing head of the North East’s largest business organisation has accused the Government of being ‘addicted to Brexit’ and unwilling to tackle any of the problems it has brought.
Government Is Writing To The EU Over Post-Brexit Shellfish Ban Which Threatens To Destroy Businesses
05/02/2021
The government is set to write to the European Union as soon as today about the bloc's post-Brexit ban on mussels, cockles, and other shellfish caught in UK waters, PoliticsHome has learned.
Businesses that export to the EU will be offered support from the hotline, called the Export Support Service, on things like “queries around rules of origin” and “recognising professional qualifications and entering new markets”.
Businesses will discover details of customs regime after Brexit on Monday.
Government must sort out EU trading relations amid Brexit problems for businesses, says East Midlands Chamber
16/01/2023
The region’s largest business group has called on Government to help firms trade more freely with overseas markets after research highlighted the Brexit trade deal is not delivering for them.
Lorries will need permission from new HMRC computer system before heading for Dover.
Government prepares ‘shock and awe’ advertising campaign to force businesses to prepare for Brexit
18/06/2020
The £4.5m advertising campaign will include plans to spur Brits into taking action to prepare for the end of the transitional period in December
Government spin in overdrive as they sell £420m exporting cost to business as a ‘Brexit win’
14/04/2023
New slimmed-down Brexit border checks mean businesses will 'only' face £420m of additional costs from post-Brexit border controls.
JUST a few short years ago, Elizabeth Carnahan’s business was doing well. She had a growing customer base, a turnover of more than £1 million and her business was growing.
Great Brexit Con Job
13/04/2021
Get Brexit Done’ has unravelled in a spectacular fashion; a significant knock to the economy, removal of rights and freedoms, more red tape for business and – the most heart-breaking of all – trouble has returned to Northern Ireland. The obvious answer to this foreseeable problem is for the UK to be part of the single market and customs union.
Growing Brexit headache for UK businesses as strict new import rules lay bare British traders lack the skills
10/01/2022
With Britain’s businesses having to declare imports of all EU goods as of 1 January, experts have told City A.M. UK firms lack the skills and expertise to handle the increase in declarations.
New data from a survey carried out by the British Chambers of Commerce has thrown sharp focus on the impact the UK-EU trade deal (TCA) is having on UK firms one year on from its implementation.
Almost two thirds of companies have seen negative price changes within their supply chain
Almost half of British businesses that traded with the EU pre-Brexit are doing less trade with the bloc, or have stopped entirely, since the UK left the single market and customs union in January, according to a new survey.
And to add insult to injury, 16 per cent of UK firms have partially or entirely move their EU operations inside the single market.
More than half of UK businesses who trade overseas are finding it difficult to trade goods with the EU post-Brexit, according to a new survey.
Why do so many people talk about a 'hard Brexit' and a 'soft Brexit'? And what do they mean?
It’s been four years since we formally left the EU - and its been eight years of trying to square an impossible circle. How do you keep Brexiteers happy, the EU on board and Northern Ireland’s government up and running, all at once?
Brexit is hitting the UK export market, according to data from HMRC. / The number of UK businesses exporting goods to the EU fell 33 per cent to 18,357 in 2021, from 27,321 in 2020.
CHIEF is expected to be closed down on 30 September 2022 after almost three decades in operation.
Around 4,000 companies have set up shop in member state since UK left EU, prime minister says.
We’re still only seeing the start of the changes Brexit will bring to the seafood industry (and, in truth, the entire food and beverage sector). In the coming years, there will be continual changes as we adjust our operating model and there’s no clear view on when it will settle down.
Brexit barriers are having a significant impact on North East small and medium-sized enterprises (SMEs), hitting their exports as they struggle with regulations and red tape, a new report this week reveals. The region’s universities are another sector badly hit...
It is increasingly clear that Brexit is doing enormous damage to Britain’s economy. And for what, exactly?
This week we’ve partnered with EEF on a new report ‘Navigating Brexit: the Migration Minefield’. The report highlights the need for clarity, simplicity and urgency in the Government’s messaging to stem the flow of EU citizens from the UK, taking their much needed skills with them.
We speak to makers, artists, galleries and small enterprises about their struggles with the new rules for Britain's trade with the EU.
We're more than a quarter of a million employees short.
Analysis: The UK’s revised-down Q3 figures should come as no surprise given business has been in second gear since 2016.
The government has told business support providers to wind up hundreds of schemes used by thousands of companies that are still funded by the European Union, despite concerns over delays to UK-funded replacements.
Marr: "Are you really prepared to look those people in the eye and say you're going to lose your job because I am going for a no deal?"
...a combination of supply chain problems, Brexit, inflation and unseasonably warm weather ended with Hunter Boot going into administration, the UK’s version of bankruptcy.
The cost of new regulations means we’ve had to pause sales to the EU, losses are mounting and the government isn’t listening.
Ikea boss says Brexit has caused ‘chaos’
19/01/2023
A leading Ikea executive on Thursday said Brexit had caused “chaos”, as a senior UK minister admitted in Davos that Britain’s departure from the EU had brought “significant challenges”.
Brexit has not only failed to deliver on its promise of reducing immigration and controlling borders, but it has also made the immigration issue worse and more difficult to manage. The government’s chaotic and ineffective immigration policies, such as the Rwanda policy, have only added to the problem.
UK businesses are dealing with significant levels of political turmoil and feel that no deal is hurtling closer. The impacts of a no deal are vast and will impact every region and nation of the UK. From the South West of England, to the North East of Scotland, businesses are telling us a no deal would be a disaster for the UK economy, for businesses and for individual livelihoods.
For companies depending on fast, small deliveries, the costs of new Brexit trade rules are mounting.
Businesspeople, academics, journalists and a top trade unionist have formed a group with the purpose of repairing fractured UK-EU relations.
An FDF survey found eight in 10 of the country’s biggest suppliers opposed a UK-wide approach to the post-Brexit requirements.
Industry expert tells Warwickshire businesses that Brexit is hitting small companies hardest
17/03/2021
One of the leading international experts on UK-EU trade has told an audience in Coventry and Warwickshire that smaller businesses are being hardest hit by a fall in trade following Brexit.
Industry expert tells Warwickshire businesses that Brexit is hitting small companies hardest
17/03/2021
One of the leading international experts on UK-EU trade has told an audience in Coventry and Warwickshire that smaller businesses are being hardest hit by a fall in trade following Brexit.
Smoothie maker Innocent Drinks has fallen into the red after splurging on a new purpose-built factory in the EU post-Brexit.
Inverness SNP MP Drew Hendry highlights crippling post-Brexit import costs faced by retailer Oil and Vinegar during exchange with UK Trade Minister Andrew Griffith at Westminster [3 mins]
26/07/2022
Crippling import costs faced by an Inverness retailer were raised during an exchange at Westminster. / Inverness SNP MP Drew Hendry highlighted the costs faced by Oil and Vinegar importing goods from the EU during the exchange with UK Trade Minister Andrew Griffith.
Irish businesses are seeing their input costs rise, with signs price increases will be passed onto customers emerging.
At 23:00 on New Year's Eve a new EU trade border was effectively created in Northern Ireland's ports. / The first of these grace periods is set to expire at the end of March and businesses are already anxious about what comes next.
Last year was a record for foreign takeovers of UK companies, with 734 UK firms acquired by overseas buyers in 2021 —reflecting a 400% rise since 2015.
The body representing Irish SMEs has sharply criticised the UK's threat to trigger Article 16 of the Northern Ireland Protocol, potentially over the role of the European Court of Justice (ECJ).
ITM has launched a campaign to help travel managers navigate the complexities of travelling to and within the EU as business travel resumes.
A small Cambridgeshire firm claimed business has "never been so good" since Brexit - but not everything is as it seems. / An article proclaiming how small businesses have “adapted to survive and thrive after Brexit” has been widely mocked on social media.
Tory minister says evidence is ‘few and far between’ despite new figures showing sharp drop.
James O'Brien's ... response to a caller whose business cannot sell to the EU anymore due to Brexit.
09/02/2020
'If Brexit was a second-hand car, you've got it home, there's no engine under the bonnet and they've just made Jacob Rees-Mogg chief mechanic.'
Jane Dodds: 'Brexit is failing Wales'
02/02/2021
A year on from leaving the EU, it’s time for an annual report on how Brexit has worked out for Wales.
Tory leadership hopeful says he would tell bankrupt firms their sacrifice was worth it. / Business groups have expressed anger after Jeremy Hunt said he would willingly tell people whose companies went bust after a no-deal Brexit that their sacrifice had been necessary.
The British Chambers of Commerce said over half of UK exporters (60%) surveyed by the BCC in November 2021 reported difficulties in trading with the EU, an increase from 49% in January 2021.
Journalist Alf Young to chair Brexit challenges workshop focussing on hospitality and culture industries
02/10/2023
Alf Young, the distinguished Scottish business and economics journalist, writer and broadcaster, is to chair a workshop on 21 October looking at the challenges Scotland’s hospitality and culture sectors face in the wake of Brexit.
The Labour leader has been under pressure to criticise the pact with Brussels amid disruption at Irish Sea ports and complaints about export difficulties.
"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.
Kent food and drink sector faces 'crisis' caused by Brexit, Covid, energy prices, staff and cost-of-living squeeze, warns Produced in Kent
26/01/2023
"Then in 2021 we had Brexit which led to a huge increase in paperwork both for importers and exporters and the cost of additional administration. There were transport issues, hold-ups at the border and additional staff pressures, most notably in the agricultural sector with seasonal labour.
Kevin Maguire: 'Soaring food prices and job losses are the reality of Boris Johnson's Brexit'
20/01/2020
Dire warnings from British industries after Chancellor Sajid Javid admitted businesses will be hit, exposes why the Prime Minister focuses on the trivial.
Kidswear independents across the UK have expressed concerns that “nightmare” post-Brexit import VAT is still being incorrectly charged on some children’s clothing and footwear that should have been zero rated, causing “hell on earth” for many businesses.
Kilmarnock interior fit-out firm employing 24 people collapses in wake of Brexit and Covid
17/08/2022
A Kilmarnock-based interior fit-out and refurbishment contractor with a 24-strong workforce has gone bust.
Labour’s Brexit radio silence ends
10/03/2021
It seems that Labour is finally getting its act together on holding the government’s feet to the fire over Brexit, after what has appeared like a few months of sidestepping the issue.
MORE than a year after the UK fully withdrew from the EU, an Edinburgh business owner has revealed he still spends countless hours on admin just trying to get items to and from Europe.
They say many European workers who could have remained in the UK are now deciding to stay in their home countries.
A SCOTTISH firm has revealed how it was forced to abandon all trade with Europe after Brexit hammered the “nail into the coffin” of its export business.
Lancashire businesses reeling as Government minister says £330m Brexit import checks were not a surprise
02/02/2024
New border control checks on plant and animal imports from the UK began this week, requiring health certificates for some plant and animal products which could further increase business costs.
Swift action is needed to minimise the disruption many Lancashire businesses are experiencing as a result of Brexit, according to one of the county’s top exporters.
A parliamentary committee has criticized the British government over trade disruptions caused by Brexit. It has warned of further disruptions as the pandemic subsides. / The UK was the last of the Group of Seven — which includes France, Germany, Italy, Japan, Canada, and the US — to see its exports surpass the average level from 2018.
Concerns raised over government drive to implement distinct post-Brexit policy. / Legal experts say UK government plans to create new data protection laws will make more work and add costs for business, while also creating the possibility of challenges to data sharing between the EU and UK.
Less than half of £20m fund to help small firms with Brexit trade rules has been paid out
24/10/2021
Only £8.4m of the Government’s Brexit support fund has been allocated to companies trading with the EU
A Lincoln-based luxury hamper specialist has opened a European hub in Holland so that it can ensure deliveries to ex-Pat customers, post Brexit, throughout the EU this Christmas.
Employers may need to act fast to ensure they do not fall foul of sudden legal changes triggered by a Brexit milestone, an employment law expert has warned.
Business group Logistics UK is urging government to prioritise the needs of the logistics industry, as Parliament continues to debate the Retained EU Law bill.
London First: Business group ready to back second Brexit referendum if Theresa May loses Commons vote
08/01/2019
An influential business group has said it is willing to back a new referendum on the Brexit deal and is demanding that the government “stop the clock” on withdrawal to avoid crashing out for the EU.
London Leaders' Letter to David Davis: Brexit Trade-Offs a False and Damaging Choice for London & UK
17/07/2017
A broad coalition of London leaders have called on Government to recognise the damage that the wrong Brexit deal could inflict on the city.
The men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’.
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.
Political chaos since Brexit is to blame, say manufacturers.
Website designed to help business owners understand impact of EU-UK trade deal
Only half of UK firms that trade internationally have considered the impact of Brexit on their business, says the British Chambers of Commerce.
Market traders in Bath struggling due to 'astronomical' shipping costs post-Brexit [2 mins]
20/11/2022
The manager of one of Bath's best-known markets has complained that 'Brexit red tape' is making it too tough to import goods from Europe.
Measuring the Cost Brexit Six Months On
09/06/2021
The end of the transition period was merely a staging post within a process that will be long with us, says Chris Grey.
Barry Hemmings is not a moaner, a pessimist or a quitter but he is, like so many hundreds of thousands of others, ‘hacked off’ by Brexit and the damage it is doing to his business.
IT SEEMS incredible that the menacing narrative evident for some time now – that Brexit is done and shining a light on its dire consequences is sheer impertinence – has become more rather than less embedded as the actual effects of the folly manifest themselves.
Cabinet Office minister warned hauliers that unless they get their post-Brexit paperwork in order there could be queues of up to 7,000 lorries.
De facto deputy PM says nearly all EU imports will be subject to checks from next year.
Michael Gove has failed to name a single change from Brexit that has “made business easier”, as criticism of the economic harm from the trade deal grows.
Michel Barnier hits out at UK for not ‘correctly explaining’ consequences of Brexit to suffering businesses
11/02/2021
'Difficulties on the island of Ireland are caused by Brexit, not by the Protocol', UK told - ahead of crisis talks.
There remain "substantial barriers" for UK trade with Europe, with small businesses bearing the brunt of the post-Brexit strain, according to peers.
TENS of thousands of businesses, including a growing number in the UK, have taken advantage of a way to beat Brexit by setting up electronically in a small Baltic country – and their number is growing steadily.
More than 1,000 London business owners today warned that the economy faces damage even if Theresa May manages to pass her Brexit deal.
Terence Conran and Norman Foster among those signing letter to the Times
More than a quarter of Greater Manchester firms say Brexit is having a negative impact on them
02/02/2021
The Chamber of Commerce says requests for help are coming in ‘thick and fast’ amid cost increases and confusion about red tape
Increased regulatory burdens due to Brexit have hit 54% of businesses, new figures show.
CSO Global Value Chain participation survey details number of firms sourcing inputs from abroad.
The majority of UK firms experienced some form of trade disruption following Brexit, and many expect there to be long-term disruption as a result of the new EU trading arrangements.
The figure rises to 80% for businesses that do a moderate or large amount of trade with the EU, a survey has found.
85 per cent of UK businesses have restructured in the wake of January’s Brexit deal, and the majority believe leaving the EU has negatively impacted operations, according to a new report.
The government’s plan to remove all remaining EU regulation could do even more damage to the UK’s weakened economy, say businesses.
Study by British Chambers of Commerce reveals flagship bill to purge EU laws is low priority for firms.
Businesses in the UK are experiencing various data access and management issues.
"Our sector faces major challenges in accessing the right talent, skills and labour. As the Industrial Strategy states, the manufacturing sector is one of those most likely to need people skilled in science, technology, engineering and maths."
Nearly all small British manufacturers are struggling with rising costs, according to a survey on Thursday that showed widespread worries over recruitment and logistics caused by the COVID-19 pandemic and Brexit.
Negotiating the path to the future EU-UK relationship - American Chamber of Commerce to the European Union (AmCham EU) infographic
'American companies in Europe support a deep and comprehensive economic partnership between the EU and the UK'
“The Netherlands is a great place to set up a business. They are ready to help and they sit next to so many key markets," one business owner said.
Leaving the EU confronts my former colleagues with a greater challenge than Whitehall has faced for generations.
New analysis finds post-Brexit immigration system has reduced labour supply and UK workforce has fallen by 330,000 or 1%
19/01/2023
Interesting new analysis published this week by UK in a Changing Europe (UKICE) considers how the post-Brexit immigration system has impacted the UK labour market in the two years since its introduction.
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.
Guild of Fine Food fears European suppliers of specialist produce will stop supplying UK because of red tape.
The introduction of new post-Brexit trading rules last year caused a "major shock" to UK-EU trade, a study claims.
Industry chiefs and experts tell i the introduction of customs controls could also affect small businesses, some of which could be forced to pay tariffs.
Employers in Northern Ireland are warning that new migration rules may cause staff shortages across manufacturing, care and food production.
A survey has found a large majority of small businesses want the UK to cooperate with the European Union as the government faces calls renegotiate terms of the its post-Brexit trade relationship with the bloc.
New post-Brexit customs rules explained as consumers warned they could lead to some shortages
01/01/2021
A UK business spoke about having no choice but to raise the prices of its goods as trade between the UK and the EU becomes increasingly difficult, ITV News Reporter Martha Fairlie reports on New Year's Day 2022.
EIGHT in 10 smaller firms which face being impacted by the imposition of import checks next year have said they are not fully ready to comply with the new paperwork.
New customs checks will make imports more expensive and slower, says Cold Chain Federation.
Small businesses can expect trade with the European Union to be “permanently damaged” from 1 January, a supply chain trade body has said.
The Northern Ireland Assembly has passed a motion withholding consent for the UK's withdrawal from the European Union.
Northern Ireland businesses will not be ready for the new Irish Sea border in January and need a further transition period, industry leaders have said.
NI businesses are facing a "very, very difficult" time in January when the Brexit transition period ends, a senior civil servant has warned.
Representative body warns firms would simply not fill out forms moving goods to Britain.
Northern Ireland businesses need better government guidance about post-Brexit divergence between UK and EU rules, a House of Lords inquiry has found.
The failure to bring in a promised cash-back scheme for companies hit by EU tariffs is "deeply disappointing", a leading business body has said.
NI Protocol: Business groups call on UK Government and EU to end post-Brexit trading frictions
08/06/2021
Business groups in Northern Ireland have appealed to the UK Government and the EU to bring an end to post-Brexit trading frictions.
Representatives of the Northern Ireland food industry have warned the UK government that scrapping the Northern Ireland Protocol could damage their businesses.
A major food processor has warned that the government's plan to change the Northern Ireland Protocol will be a "disaster" for NI dairy exports.
Goods lorries entering Northern Ireland (NI) from Great Britain would have to complete a three-page certificate under EU plans to simplify post-Brexit trading arrangements.
Five years ago today, a vote took place which sent shockwaves around the world. I’m talking, of course, about the Brexit referendum.
THERE are no discernable benefits of Brexit, the chief executive of Scotland Food and Drink has said. / James Withers also rubbished claims that leaving the EU had enhanced “global Britain” and mocked the appointment of a new Minister for Brexit Opportunities.
No-deal Brexit could see substantial number of businesses become unprofitable and trigger food shortages, Mark Carney warns
02/08/2019
‘The challenge is, particularly in food, it’s perishable, so you can’t stockpile today for demand in November,’ Carney says. / A no-deal Brexit could cause food shortages, Mark Carney has suggested, adding that job losses and business closures are also likely.
No-deal Brexit will cost £22bn a year to compensate businesses, landmark analysis reveals
13/07/2019
The cost of compensating UK businesses for a no-deal Brexit will reach £22bn a year – more than half of England’s schools budget – a landmark analysis of the impact of crashing out of the EU has found.
No-deal Brexit would be 'catastrophic' for British businesses after pandemic, warns CBI boss
11/06/2020
Dame Carolyn Fairbairn likens walking away from trade talks to ‘setting fire to the garden shed’ when the house is already in flames.
Carolyn Fairbairn says many businesses cannot prepare for no deal during Covid-19 crisis.
Open letter from group representing 4m western firms outlines ‘grave concerns’.
New data from the Office for National Statistics show the UK imported £222 billion worth of goods from the European Union last year after Brexit.
North East businesses have had difficulty trading with the European Union since Brexit, according to a new survey.
Gordon MP Richard Thomson has urged Secretary of State for Scotland Alister Jack to intervene on his Cabinet colleagues to force a change in the UK Government’s post-Brexit policies which he outlines are causing issues for food and drink sectors.
The Northern Ireland Protocol can give the region an economic advantage but will require further moves by both sides, the head of the UK's biggest business association has said.
Brendan McDowell, of BPerfect Cosmetics, said more US brands are interested in being sold on his website due to access to the EU market.
NI Chamber of Commerce last month found just 39% of members preparing for departure.
Brexit Secretary admits businesses will need to fill out export declaration forms.
Seafood firm bosses warn "ridiculous" Brexit paperwork is making trade "fraught" after a £50,000 load faced destruction due to a "clerical" error.
Property sector hit hardest, followed by financial services, leisure and culture, research finds. / The number of UK businesses in “critical” financial distress jumped 17 per cent over the year to the end of March, with a significant deterioration seen in the first quarter of 2019 as Brexit uncertainty deepened.
Oban employment crisis? Businesses desperate for summer season staff as Brexit and ‘zero interest’ in jobs conspire
07/03/2023
Businesses in Oban are struggling to find staff, causing a growing concern as the summer season approaches.
The founder of homeware store Oliver Bonas has complained of the “teething problems” related to Brexit, which is making it difficult to grow his brand in Ireland.
We discuss the key potential upsides, possible risks and principal negotiating issues from both US and UK perspectives. We conclude that it is highly unlikely that a free trade deal between the US and the UK will be secured in the near term and that the likely potential benefits for British businesses are less than often suggested.
British Chambers of Commerce urges government to ‘cut red tape on UK-EU goods movements’.
Almost one in five exporters have temporarily halted sales to the European Union (EU) after new post-Brexit trading rules took effect at the start of the year, according to the Federation of Small Businesses (FSB).
One in seven UK businesses is considering moving its HQ overseas into another European country in the wake of Brexit, according to a new survey.
And almost three-quarters said their company had seen zero benefit from the UK's departure from the EU.
One in three UK business owners fear their company won’t exist anymore in a year as Brexit onslaught intensifies
17/01/2022
Nearly one in three fear their company will close before the end of this year, primarily as the long-term effects of Brexit start to bite, according to alarming data shared with City A.M. this morning.
More than three quarters of small businesses that export to Europe say the EU trade deal has not helped them grow sales.
An Opinium poll also found that 42% of people who voted Leave in 2016 had a negative view of how it had turned out.
Only one-quarter of business leaders say their organizations are fully ready for the end of the Brexit transition period, according to a survey by the Institute of Directors.
Government’s new trade red tape likely to hit long-term productivity, trade economists warn.
The research found that 8% of the 172 businesses surveyed between April and May reported that it is likely they will have to make redundancies in the next three to six months.
Over half of businesses hit by Brexit
09/08/2022
Regulatory burdens have seen over half of businesses hit by Brexit (54%) across the country, new figures show.
An Oxford MP has slammed Boris Johnson’s trade deal with Europe as “botched”, stating it has sold many industries “down the river”.
Released by DDC FPO, a global provider of business process outsourcing solutions for the freight transport and logistics industry, the research shows that 99% of respondents to DDC FPO’s survey are currently facing Brexit-related challenges – and worryingly, nearly 70% expect their operations to be negatively affected for more than 12 months.
Brexit has cost UK businesses as much as Covid, according to research by delivery firm ParcelHero. / Over £250 billion has been lost to Covid-19 and an equal amount has now been lost as a result of Brexit, with the figure continuing to rise.
Businesses had protested that the ‘UKCA’ quality mark represented pointless and costly red tape.
Firms face “crippling uncertainly” and there is a “real threat “of food and medicine shortages in the new year, Ian Blackford has said. / The SNP Westminster leader called for an economic impact assessment to be released on the costs of the PM's “extreme Tory Brexit plans”.
Post Brexit inflation is making UK "sick man of Europe" | Economics | The New Statesman [22 mins]
18/06/2022
A "perfect storm" of Brexit, covid and poor macroeconomic fiscal policies by the Conservatives has weakened Britain's economy and diminished the UK's standing in Europe, says economist Duncan Weldon.
British seeking ‘foothold’ in EU single market to ease red tape burden.
Since the start of the year, a raft of new requirements are making life increasingly difficult for UK businesses that trade with the EU.
THE owner of an award-winning sustainable luxury fashion business has said she fears for the future of small firms as the impact of post-Brexit import tariffs begin to bite.
Local firms worry border closure and duties will lead to smuggling and chaos.
EU and UK businesses will face ‘inevitable’ extra costs while the post-Brexit trade deal remains in place, European Commission Vice-President Maroš Šefčovič warned on Monday (12 June), playing down the prospect of a major overhaul of the agreement.
More than a month after the UK's post-Brexit trade deal with the EU came into force, complaints from British importers and exporters continue to mount.
Post-Brexit trade: Is red tape chaos just 'teething trouble' as the UK government argues?
29/01/2021
January has seen Brexit set in motion for real — but for many businesses, operations have ground to a standstill as they struggle to shift goods across new borders.
More than half UK firms are pivoting toward the European Union to navigate their way through economic turbulence.
Samantha Cameron says her fashion brand is finding post-Brexit trading with the EU "challenging and difficult".
Post-Brexit: Businesses hit by labour shortages call for Brexit rules to be relaxed [4 mins]
02/06/2021
As the UK economy begins the long road to recovery, many businesses are wondering: where have all the workers gone? ... From farms to factories and hospitality to haulage, many industries are warning they won’t be able to bounce back unless Brexit rules on workers are relaxed. We report from Kent.
Post-Brexit: Businesses hit by labour shortages call for Brexit rules to be relaxed [5 mins]
08/06/2021
As the UK economy begins the long road to recovery, many businesses are wondering: where have all the workers gone?
Preparing Brexit: How ready is the UK? is our second report examining government and business preparations for the end of the transition period, building on Preparing Brexit: The scale of the task left for UK government and business, published in July.
Cash and carry heavyweight United Wholesale Grocers has highlighted the impact of factors such as Brexit and surging inflation on the UK economy after seeing profits fall by around 30 per cent.
An organisation representing most manufacturing businesses north of the border has said the vast majority view the Northern Ireland Protocol as an opportunity rather than an obstacle.
Ramsden International has fallen to its first-ever loss as new Brexit rules hit revenues at the wholesale exporter.
'The Covid veil, now almost completely lifted, has revealed the challenges still faced by exporters struggling with customs and paperwork challenges and other Brexit constraints putting off overseas customers'
According to the Bank of England, higher borrowing during the pandemic is to blame for putting more businesses at risk.
Record waiting time: Brexit triggers tsunami of trade mark applications as UK firms rush to protect intellectual property
17/01/2022
Brexit has triggered a record number of applications for trade marks in the UK, with 195,000 registered in the past year, up 54 per cent from 127,000 the year before, according to data shared with City A.M. today.
Jacob Rees-Mogg said there is little evidence to conclude Brexit has harmed UK trade – despite a mountain of proof suggesting otherwise.
The headlong rush to an end nobody voted for, and why No Deal is a man-made asteroid strike. ... Linguistic programming as Johnson drills the buzzphrase “undemocratic backstop” into the national mind. ... Ingrid – our secret agent within the Tory Party – finally succumbs to Stockholm Syndrome. The Government’s snappy 1,400 page No Deal for small businesses.
Majority of businesses say Brexit has harmed revenue. / UK exporters to the EU have been knocked by Brexit and businesses have faced higher costs, more paperwork and border delays since Britain’s withdrawal, new research shows.
It is now just over a month since the UK and EU went their separate ways. But many retailers, carriers and others involved in the world of cross-border ecommerce, may well feel that they have aged considerably more than just a few weeks.
This opinion covers the impact assessment (IA) for the Retained EU Law (Revocation and Reform) Bill. ... The IA is not fit for purpose (red-rated); the quality of different analytical areas in the IA are all either weak or very weak, meaning that they provide inadequate support for decision-making. The IA was also red-rated on its assessment of the impacts on small and micro businesses.
Richard Corbett, former Labour MEP, linguist, author and fluent and well-informed speaker will explain the background to Boris Johnson's Brexit deal and discuss the fallout. There are numerous consequences of Brexit which are not receiving sufficient publicity. Leaving the EU came at a huge cost to the UK economically, culturally and in terms of our standing in the world.
European firms have gone cold on doing business in UK, survey finds.
The prime minister’s Windsor Framework, agreed with Brussels this year, will create ‘more burdensome’ bureaucracy for many firms than the status quo, peers said.
According to a survey out this week from the UK’s Office of National Statistics (ONS), firms are becoming more financially vulnerable amid the cost-of-living crisis.
"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."
THE SCOTTISH Government has welcomed No 10's decision to ditch its planned Brexit “bonfire" of EU laws.
RURAL tourism and hospitality businesses in Scotland face a “double whammy” of Brexit and Covid exacerbating labour shortages, MSPs have been warned.
Mayor of London Sadiq Khan has laid into what he describes as the “selective amnesia” of government ministers who ignore the impacts of Brexit on the British business community.
The UK Chancellor said the Treasury would not lend support to manufacturers that favour EU rules.
Samantha Cameron tells Emma Barnett about the impact Brexit is having on her business [2 mins]
28/01/2021
Samantha Cameron tells Emma Barnett on BBC Radio 4's Woman's Hour about the impact Brexit is having on her fashion business.
SBIT is a unique and diverse group of over 200 outbound British travel and service companies operating throughout the summer and winter holiday seasons ... Our aim is to protect the 25,000 British jobs in our sector, to continue to deliver value and choice to British holidaymakers. ... Brexit in its current form or, worse still, a no-deal Brexit, will put all this at risk.
Scotland’s biggest firms have seen their share of UK innovation shrink by more than a third since the Brexit vote, despite a wider rise in research and development spend, new analysis suggests.
Scots firms counting cost of Brexit ‘chaos’
03/07/2019
THE Scottish economy is “running on fumes” as the protracted uncertainty over Brexit continues to cause firms to put business investment on hold, a key survey has found.
The First Ministers of Scotland and Wales have written to Boris Johnson to request an extension to the Brexit transition period.
Many Scottish food and drink suppliers plan to decrease or stop exports to the EU amid the regulatory fallout from Brexit, an industry survey suggests.
A SHOPOWNER in the Highlands has said his business is being “screwed whatever way we turn” as costs rise thanks to Brexit.
One of Scotland’s leading shellfish exporters has said the seafood industry is still suffering woes caused by Brexit more than a year after the UK’s final withdrawal from the EU.
IoD and unions among groups writing to government, saying move would cause business chaos, harm rights and threaten environment.
The SDLP has called for the UK Government to extend the Brexit transition period.
The Seanad Special Select Committee on the Withdrawal of the United Kingdom from the European Union launched its ‘Interim Report on the Impacts of Brexit’ today, Thursday, 8 July. The report stems from engagement with stakeholders over 20 separate hearings between December 2020 to June 2021.
The government has offered to publish its most recent internal assessment of the impact on business and trade of a no-deal Brexit, in the face of a possible Commons defeat.
A senior Tory MP has called for the government to take the UK back into the single market as the nation struggles with the cost of living crisis.
A group of MPs - including Sheffield’s Paul Blomfield - and business leaders have come up with 64 proposals to fix the ‘broken’ Brexit deal.
A Sheffield MP is urging small firms damaged by Brexit to make their voices heard ‘loud and clear’ by government.
Levies to cover the increase in red tape, VAT and customs declarations are hitting trade to the European Union.
Shropshire Chamber of Commerce is calling for urgent action to improve trade connection with Europe, as the UK marks the second anniversary of Brexit.
A meringue manufacturing firm says it no longer exports to the EU due to issues created by Brexit. / A meringue manufacturing firm says it no longer exports to the EU due to issues created by Brexit. Flower and White, which employs 30 staff at its Telford headquarters producing 1m products a day, formerly exported to 12 countries in the EU.
Sir Keir Starmer has told an LBC listener whose small business has been hit hard by Brexit that he will raise her problem with the Government.
Sir Martin Donnelly: UK trade and exports – the challenge of how British firms succeed after Brexit
28/02/2018
Sir Martin shared his insight on what challenges the Government is facing, what the Government and business should do now and how the UK seeks to forge new trading relationships outside of the European Union.
So five years after the referendum, and six months from leaving the single market, what's the slogan from businesses most affected? Bureaucracy, delay, cost.
Skills shortage doubled since pre-Brexit and pandemic as four in five firms struggle to fill roles
27/03/2023
Four in five businesses are struggling to fill vacancies because of a lack of skilled workers – the highest number in 17 years, new research suggests.
Slump in European takeovers by UK buyers
08/03/2021
The impact of concerns over Brexit and Covid-19 saw takeover deals in Europe by UK investors slump last year, according to new figures.
Small businesses importing food and wine from the European Union have warned they are "drowning" in paperwork because of Brexit.
UK businesses that trade with Europe are continuing to have a tough time because of post-Brexit bureaucracy, according to an investigation carried out by the Financial Times.
Independent small businesses across the South West say their recovery from the pandemic is being hit by the impact of Brexit tariffs.
Small businesses need more support as growth slows 40% during difficult decade, report warns
01/02/2024
International trade has become increasingly challenging following Brexit and the Covid-19 pandemic, with nearly one quarter of small firms viewing Brexit as a major business obstacle between 2018 and 2021 as the UK struggled to bounce back as quickly as other countries.
New banking regulations could increase the cost of small business lending by around a third and “fundamentally change” the market as debate around the implementation of international banking rules in the UK intensifies.
Small businesses still unclear about post-Brexit rules on sending goods to the EU, report finds
26/02/2021
Two out of five small businesses are not clear about new rules for posting goods to the EU since the start of the year, new research suggests.
Small businesses have not taken the necessary steps to prepare for Brexit because they are “time poor” and believe that a deal will ultimately be done buying them more time, an industry group has said.
Up to £9.5bn-worth of UK exports to the EU between January and July have had tariffs placed on them despite “tariff-free” trade deal, analysis for Channel 4’s Dispatches shows.
Despite assurances of tariff-free trade, companies face big hurdles after Brexit.
He says he has lost about £20,000 worth of sales since the start of the year.
For Britain's small and medium-sized businesses, trading with European nations used to be easy. After Brexit, that's no longer the case with the emergence of obstacles that didn't exist before.
It was billed as the rebirth of British business — a chance to build a brighter commercial future, free of costly bureaucracy. But Brexit is proving far from profitable for many UK small and medium-sized enterprises (SMEs).
New research conducted by the British Chambers of Commerce has found that British businesses are being hampered in their trade with the EU because of the current Brexit deal but it finds that some changes and a few "side deals" could solve some key problems.
Time-poor SMEs are being forced to outsource their post-Brexit paperwork – heaping even more pressure on costs, according to new research by the Federation of Small Businesses (FSB).
Data published 22 March by UK Food & Drink Federation showed exports of food & drink to the EU from the UK dropped by more than 75 per cent in January. Our Somerset business correspondent has been tracking Brexit’s impact since the start of the year. Look out for his next article to be published in the next few days.
It follows challenges over rising costs, staffing issues and supply chain shortages, plus recent added uncertainties following the emergence of the Omicron virus variant.
BUSINESSES in Scotland are being “left in the dark” over Brexit, facing long delays and increasing costs, according to a Scottish businessman.
Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain
03/02/2022
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Steptoe | Brexit One Year On
18/01/2023
However, this article seeks to describe, as far as possible, how Brexit has affected the business and regulatory environment across the full range of areas covered by Steptoe and Johnson practices so far, and to identify issues of potential future concern for companies.
Strict new Brexit transport rules make UK businesses ‘give up’ on EU imports: ‘Simply not worth the hassle’
04/01/2022
Many British businesses may “give up importing” as a result of new strict rules that came into force on Saturday, on 1 January, a former senior civil servant in charge of Brexit planning has warned.
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."
Burberry chairman says scrapping the VAT refund for tourists has made Britain the "least attractive" shopping destination in Europe.
60% of UK exporters say selling to EU has become harder over past year – with more red tape to come.
Ken Thompson, who runs Bussens & Parkin in Mildenhall in Suffolk, said a lack of stock has left him with no choice but to put his kitchen and bathrooms business into insolvency.
Supply chain issues from COVID and Brexit
12/07/2021
How are UK businesses dealing with the rising costs and lead times from a double whammy of Covid-19 and Brexit?
Just a third of Swedish businesses that export to the UK say they're ready when post-Brexit trade changes begin, a recent poll found.
Three-quarters of NE bosses say Brexit is bad news for their businesses - with many suffering falling sales and rising red tape.
Survey reveals extent of Brexit upheaval
25/05/2021
UK company employees are having to move locations, develop new skills and their job roles have needed to be redesigned in the wake of the UK’s Brexit deal with the European Union.
Most food companies feel leaving the European Union has affected operations while many said COVID-19 didn’t impact their ability to meet regulatory requirements, according to a survey.
Stormont’s political impasse is hindering Northern Ireland’s ability to benefit from its post-Brexit economic advantage, Micheal Martin has warned.
Tariffs paid on £9.5bn of UK exports to EU despite Boris Johnson’s claim of ‘tariff-free’ deal
15/11/2021
One in eight traders have lost business – while a quarter of small firms consider moving operations out of Britain, Dispatches reports.
The boss of a cheese firm said it was now only willing to export large orders in an effort to keep Brexit-related costs under control.
The co-founder of ethical cosmetics company Lush has blamed Brexit for its fall in European demand.
We examine the impact of the Brexit plans under discussion between the EU and UK.
The Brexit Bill: Here’s the Damage So Far
30/01/2019
The divorce from the EU looks set to be delayed and could be softened or even abandoned, but the cost of separation is already apparent.
Businesses that make sporting goods, children’s toys, jewellery and medical goods have struggled the most with the border costs imposed by the UK’s decision to leave the EU.
Drawing on my professional experience, here we explore how post Brexit Britain has become a challenge for international businesses, and domestic businesses, importing products for sale in the UK.
In this film, senior FT writers and British businesspeople examine how Brexit hit the UK economy, the political conspiracy of silence, and why there has not yet been a convincing case for a 'Brexit dividend'.
The government has quietly admitted Singapore-on-Thames is dead.
Despite claims over taking back control, UK is forced to comply with rules on which it has no say.
Nearly three-quarters of UK firms say leaving the EU has affected them “very negatively”.
The threat of a “disastrous” no-deal Brexit is forcing businesses to stockpile frozen food for the elderly, robot parts and even horsehair in a move that could lead to higher prices and “significant shortages” for consumers, experts have warned.
The CBI has responded to the publication of the Withdrawal Agreement and Political Declaration.
17/10/2019
“Frictionless EU trade and regulatory alignment is vital for UK prosperity and jobs. The deal remains inadequate on services, which make up 80% of the UK economy. And big questions remain about the feasibility of negotiating a new trade agreement deep enough in a 14-month transition period."
It has been five years since Brexit “got done” – and voters and politicians alike are still counting the cost.
The Office for Budget Responsibility (OBR) predicts that, although the UK economy will almost fully bounce back from the pandemic, it's economy and eventually the jobs market will suffer for decades due to Brexit.
'No matter which sector you talk to - from video games to abattoirs, broadcasters to supermarket delivery, financial services to care - they all say the same thing: We need access to people.'
The EU fears that the UK government is deliberately stalling on Brexit trade deal negotiations, and may secretly be aiming to exit European trade arrangements without first agreeing a new deal.
The UK government has made exporting and importing difficult and costly. Everybody who was not a Brexit fantasist saw it coming.
The impact of a new customs and regulatory border with the EU for UK companies trading goods
01/10/2021
The introduction of a new regulatory and customs border has made it more difficult and more expensive to trade with the EU. This impacts UK firms who import and export from and to that market.
Post-Brexit border controls and customs requirements have “gutted” SME businesses – and have left some industries fearing a UK talent drain.
Some North East companies say they are still experiencing problems exporting goods to Europe, nearly seven weeks after Brexit.
It has been a gloomy week on the sunlit uplands of sovereign Britain, as the only export that appears to be booming post-Brexit is the glut of UK companies rushing to set up in the EU.
The Prosperity Of Our Cities Post-Brexit Is Playing Second Fiddle To Westminster Personality Politics
15/01/2019
Despite persistently asking for answers I’ve not had a single reply from Government on the implications for Liverpool, its port, its industries and businesses.
The reality of Britain's role in the global trading system after Brexit remains deeply uncertain
29/03/2019
Continuity agreements are in place with a small number of countries but replicating the arrangements that Britain currently benefits from will be the overriding priority throughout the transition period - if there is one - and beyond.
Richard Barfield explains the deluge of restrictions and regulations that have been saddled on firms after the UK’s departure from the EU
The year in Brexit
20/12/2023
The past 12 months have been littered with grandiose claims about the benefits of Brexit and the ability of the UK to demand what it wants from the EU. But the sad and inescapable conclusion is that none of those benefits exist and that the UK has been forced into a number of embarrassing retreats and compromises.
These are the Brexit trading challenges faced by Wakefield businesses according to the city's chamber of commerce
22/04/2021
A new report from the Mid Yorkshire Chamber of Commerce highlights significant challenges continuing to face firms 100 days on from Brexit as they struggle to adjust to new trading arrangements.
These Shropshire businesses have decided to call it a day - and the owners all said the same thing
06/04/2024
It won't come as a surprise that the combined effects of the cost of living crisis following Brexit and Covid have been a factor in almost every one of the business closures we've reported on in the last year.
The ‘remoaner elite’, the civil service, the BBC, universities, unions, refugees: anything is blamed but Brexit itself.
More than one in three UK businesses (37 per cent) have lost revenue from cross-border card payments post-Brexit, according to new research.
Respondents cite new procedures and paperwork among negatives of breakup.
Almost a third of UK companies could move operations abroad because of Brexit, a survey has suggested.
This is the real cost of Brexit - SNP
28/09/2021
People, businesses and communities are now paying a heavy price for a hard Brexit we never voted for, imposed by a Tory government we never voted for. / Here’s a rolling list of the impacts of Brexit.
This is why it matters that ministers are still not being honest about the impact of Brexit
02/12/2020
Upbeat messages about the opportunities Brexit will provide are not the way to persuade companies that they needed to invest significant time and effort in preparing for the new paperwork and bureaucracy that awaits them - and this lack of honesty from ministers risks doing real economic damage.
The technology field will be hurt by the Data Bill and the breakdown of Horizon.
This week, Rishi Sunak talked of building 'an economy that embraces the opportunities of Brexit'. Here's 5 mins on Brexit's impact on the economy so far. [5 mins]
28/10/2022
This week, Rishi Sunak talked of building 'an economy that embraces the opportunities of Brexit'. Here's 5 mins on Brexit's impact on the economy so far.
Thousands of small businesses at risk amid ‘unprecedented’ confidence slump since Brexit vote
21/10/2019
Sajid Javid urged to make ‘radical interventions’ to avoid ‘a very bleak winter’.
Thousands of UK firms halt trade with EU
12/03/2021
Nearly one in five British company directors polled said their businesses had halted trade with the European Union in January due to Brexit, of which nearly half said this would be permanent, although the figures were much lower for pure goods traders and manufacturers.
Thousands of UK businesses may need to set up an EU presence if they want to export goods to European markets, according to trade consultants Blick Rothenberg.
Just under three in four British exporters believe the UK-EU post-Brexit trade deal is not helping them increase sales, according to a new survey from the British Chambers of Commerce (BCC).
SUPPLY chain problems which followed the Tory government's hard Brexit have been felt by three-quarters of UK high-street firms, new research has suggested.
The figure rises to four in five businesses among those that do a moderate or large amount of trade with the EU
Three out of five manufacturing firms are suffering “significant” disruption because of border delays since the start of the year, new research suggests.
Brexit has been “a horrendous experience for Maltese businesses,” according to the CEO of the Malta Chamber of SMEs.
British Chambers of Commerce presents government with urgent recommendations as members report struggling to sell into EU.
THE SNP has criticised the UK Government over its damaging Brexit deal, after new research revealed that three-quarters of UK firms are struggling with Brexit induced bureaucracy and delays.
Regulations likely to result in higher prices and empty shelves for delis and others.
Tom Kerridge says there isn’t a ‘single positive’ about Brexit’s impact on the hospitality industry
03/11/2022
"Overseas workers visas is something we need to be looking at. There's over 200,000 vacancies within hospitality up and down the country."
One of the most influential business groups in the U.K. is convinced that Brexit is causing “structural” damage to many U.K. companies by reducing trade and increasing costs.
Tory Brexit an 'unmitigated disaster' claim SNP as survey shows UK firms at a disadvantage
17/02/2022
A poll of UK firms found paperwork and increased costs after the Brexit trade deal came into force.
Expense of fresh red tape on EU imports is simply ‘cost of doing business’, says Tory minister Andrea Leadsom.
The UK Government's handling of the exit from the EU has been an "unmitigated disaster" with little cause for optimism, writes Record View. / The survey of 1000 businesses by the British Chamber of Commerce on the impact of Brexit makes grim reading.
Sam Bright reports on the disruption, time and cost suffered by one mid-sized company before and after the UK’s formal departure from the European Union
Trade Consultation: Give Your Evidence - UK Trade and Business Commission [Deadline: 17/03/2023]
23/01/2023
The UK Trade and Business Commission is gathering evidence to understand the main challenges facing businesses, organisations and economic sectors to establish which policies and trading arrangements will help overcome the economic and trading barriers facing the UK today.
Trade will be ‘day-to day struggle’ after Brexit is completed, MPs told in grim industry forecast
30/09/2020
Inquiry hears of massive extra costs, a mountain of red tape, shrinking investment and chemicals ‘disappearing’ from UK market.
Trading the orchard for an apple
03/03/2021
So far, in the first two months of Brexit, the following industries have indicated that they have been harmed: Aerospace; Airlines; Architecture; Art and Antiques; Beer; Bees; Cattle and horse breeding; Charities; Cheese; Chemicals; Cars; Classic Cars; Construction; Cosmetics and Perfume; e-Commerce; Fabrics; Fashion; Ferry services; Film and TV production; Financial Services; ...
After leaving the EU's single market with its free movement of people, goods, services and capital, he says: "We are fishing in a smaller pool."
Research surfaces after industry groups rubbish Michael Gove’s claims that they are ready to crash out of EU.
One year after the UK completed its exit of the EU, two-thirds of British manufacturers have said that Brexit has hampered their business ‘moderately or significantly’.
We have reached a watershed moment in the long Brexit saga. The government’s U-turn this week on the Great Repeal Bill has laid bare the great elephant-sized conundrum that has always been at the heart of Brexit: identifying any significant EU laws that were both holding Britain back and can be ditched without damaging our own economy.
reaking free of Brussels bureaucracy was meant to herald a bonfire of red tape for Britain. In the first 100 days of Brexit, the only thing many businesses burned was money.
British companies say new customs forms required following Brexit are the biggest hurdle to trading with the rest of the world, official data show.
The U.K. government backed down on plans to impose full-border checks after Brexit in an attempt to avoid piling an additional burden on businesses already struggling with the impact of coronavirus.
U.K. trade with the European Union deteriorated in the first month since the Brexit split, suggesting commercial relations between the two economies will suffer more than the British government advertised.
UK SME retailers are having to route goods through friends and family in the EU to cater to the single market as they struggle to stay afloat in a maze of post-Brexit red tape.
The UK has a 5/1 chance of rejoining the EU by 2026 due to a growing frustration with Brexit, a betting agency has predicted.
"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.
The Institute of Directors' economic confidence index for July, measuring business leaders’ confidence to invest in the UK, has barely improved since June.
Businesses tell a different story, one of bureaucracy and delays that add up to higher costs. Elsewhere, hidden under the impact of virus lockdowns, Brexit seeped into all parts of the economy...
Eight out of 10 finance leaders expect long-term environment to be worse.
A dramatic 41 per cent plunge in exports of goods to the EU in January is the first official indication of the profound impact of Brexit on UK trade.
UK businesses facing increased costs and supply chain issues in post-Brexit system – new from UKTPO
15/03/2023
New analysis released today (Wednesday 15 March, 2023) by the University of Sussex’s UK Trade Policy Observatory (UKTPO), reveals that UK businesses are struggling with increased costs, labour and skill issues and supply shortages and issues following the UK’s departure from the European Union.
UK businesses and consumers have paid 42% more in customs duties on goods since Brexit came into force on January 1 2021, it has been claimed.
Brexit has damaged the ability of UK companies to compete in the European Union, with businesses “banging their heads against a brick wall,” according to a survey from the British Chambers of Commerce.
UK businesses are paying 10 per cent more than their EU counterparts to trade their emissions following Brexit.
Britain’s businesses are being urged to step up their preparations for a no-deal Brexit amid signs that Theresa May’s successor could be prepared to leave the EU without a deal at the end of October.
British firms face the introduction of much-delayed post-Brexit border control checks from Jan. 1 which will affect businesses importing $314 billion of goods a year from the European Union.
Cost of labour in Britain up by 30% since referendum, double rise in some EU countries, research finds.
Export health certificates on food from the EU will now only be needed from July 1 next year - instead of October 1 under previous plans - after a crisis of lost lorry drivers and empty shelves.
The UK delayed the roll-out of new post-Brexit product safety marking in order to stave off extra costs for companies that are already under pressure due to rising inflation and expected tax rises.
Only several hundred laws will now subject to Retained EU Law Bill’s 2023 sunset clause.
Britain’s bonfire of European Union laws has been reduced to embers.
UK economic growth to slow to zero as Brexit stockpiling effect ends and businesses slash investment
17/06/2019
The political impasse over Brexit threatens to “suffocate” business investment across the UK, with the economy grinding to a halt as a temporary boost from stockpiling comes to an end, the British Chambers of Commerce (BCC) has warned.
CBI warns Boris Johnson that Britain needs a deal as it is already facing impact of Covid
UK exports to EU could drop by another 8 per cent as Finland, Luxembourg, Portugal and Greece benefit from Brexit
17/01/2022
Brexit could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City A.M. this morning.
Many UK businesses "are not even close to being ready for a no-deal" Brexit, figures seen by Newsnight suggest.
15 EU trade agreements with third countries, including Canada and Turkey, still not rolled over by Britain with just 50 days until UK leaves post-Brexit transition.
UK-based travel businesses are facing “significant” operational challenges organising trips to the EU following Brexit, according to the travel association ABTA.
Following the end of the Brexit transition period UK businesses are now having to pay ‘security bonds’ of £50,000 or more to courts in the European Union in order to litigate there, legal experts told City A.M. today.
According to experts, the best long-term environmental and economic measure Tory ministers could adopt is a close relationship with the EU market.
Business group warns that companies are getting ready to shift operations abroad.
UK firms that export to the EU say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules.
CBI’s measure of private sector growth drops to -3 in February from zero in January.
UK food and drink exports to the European Union almost halved in the first three months of the year, compared with the same period in 2020.
Adoption of Britain-only rival to EU’s CE designation postponed ‘indefinitely’, say ministers.
The British government's lack of understanding and overly political approach to post-Brexit trading arrangements in Northern Ireland has left businesses there in the dark, a Westminster committee has claimed.
The UK government has conceded that Brexit has created barriers to business travel in a report published Wednesday by the House of Lords, the upper house of the country's Parliament. The report, written by the Lords' European Union Select Committee, warns that new restrictions on mobility will hinder the UK's dominant services sector.
Carolyn Fairbairn of CBI says her ‘really big disappointment’ was the lack of help for British services in the potential deal
British businesses are warning of a new wave of post-Brexit trade disruption because EU exporters are not ready for UK customs changes which start this month, and Britain's port infrastructure might be unprepared too.
Business groups warn of potential harm to north-south trade under British bill.
British manufacturers are being forced to build up financial buffers in preparation for a no-deal Brexit as the cost of stockpiling goods and materials puts companies under strain.
Government to allow businesses to continue using European CE certification for another year.
Britain’s trade with the European Union has been dented by Brexit, with businesses facing greater costs, paperwork and border delays since the UK’s full withdrawal, a watchdog panel of MPs said Wednesday.
No 10 had ‘change of attitude’ after pressure from business, says commissioner.
UK PM Boris Johnson rips up Brexit Protocol
15/06/2022
Legislation has been published by the British government this evening which overrides the post-Brexit trade arrangements for Ireland and severely breaches both the Brexit Withdrawal Agreement and international law.
CE symbol due to stay after government U-turn.
Worries over the impact of Brexit and coronavirus mean more than 70 per cent of the UK’s small and medium-sized businesses do not expect the country’s economy to grow during the rest of 2020, according to new survey data.
UK taxes on EU imports have increased hugely since the former’s official exit from the Union at the end of 2020.
Business leaders and Parliamentarians will work together in the national interest to assess impacts on UK businesses and consumers of international trade deals and Government policy. It will make recommendations to the UK Government.
The UK has today announced a new £20m fund for British SMEs facing post-Brexit disruption.
UK visa rules to be relaxed for foreign construction workers in a bid to plug post-Brexit labour shortages
15/03/2023
The government is expected to relax the rules in a bid to plug gaps in the construction industry
There are concerns in the EU that the UK had not yet fully complied with the terms of the earlier Brexit divorce deal and stressed that “vigilance” would be required in future. / “Exports to our biggest market, Ireland, have also dropped more than two thirds." - Dominic Goudie, FDF
Councils and port health authorities risk being overwhelmed, Institute for Government says.
A British wholesaler who supplies the UK retail market is moving his business to the South of France in order to mitigate Brexit redtape, which he says has cost his business £150,000.
The Food and Drink Federation said Lord Frost's latest delay "penalises those who follow government advice".
UKCA: a symbol of the folly of Brexit
01/08/2023
I said that I would break the ‘summer recess’ of this blog if a Brexit event of sufficient interest or importance occurred and it has, with the government’s announcement today of an “indefinite extension to the use of CE [Conformité Européenne] marking for British businesses”.
Industry leaders fear trading will be harder and more costly without comprehensive deal.
A SCOTTISH publisher has taken aim at Brexit after seeing his business hit with spiralling costs and dwindling sales.
Vintage clothes shop in Corby closes and says Brexit has 'destroyed online vintage businesses'
28/02/2023
They have decided to scale down their business in order to spend more time as a family, but say the decision is also because Brexit has made their business far more difficult to run.
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.
Britain’s departure from the European Union has brought higher costs, more red tape and border delays for businesses, and not yet delivered promised benefits, a public spending watchdog said Wednesday.
Brexit has led to around 4,000 UK companies setting up shop in the EU-member state of Estonia, mostly by registering for the country’s much-talked about e-residency scheme.
Weekly shop will become ‘much more expensive’ in event of a no-deal Brexit, ministers warned
26/10/2020
Households will be particularly hard hit at start of next year and into spring.
Businesses in Wales have revealed the problems they say they are facing because of Brexit.
His manifest error in declaring there are "no non-tariff barriers" for trade with the EU had business leaders falling off their chairs.
Firms across four different sectors share their stories of rising costs, extra paperwork and packages that never arrive.
A report has found that new post-Brexit UK border checks coming into force later this month will cost British businesses £2bn and fuel higher inflation. / Callers Daniel and Encina tell James O’Brien about their experiences highlighting the impact of Brexit on the food industry.
It looks like the UK and EU are on the cusp of agreeing a new deal on the Northern Ireland Protocol. / We often hear about how any such agreement will need to satisfy the DUP's seven tests if it is to get Stormont's largest unionist party to agree to return to power sharing. ... That's the political stance from the DUP - but what do businesses say?
From 1 January checks and paperwork will finally begin and EU exporters face a rude awakening.
I run two shops in Cowbridge in the Vale of Glamorgan. The negative impact that Brexit is already having on my business is causing me sleepless nights.
They will, they say, be ironed out by the UK and EU as weeks and months go on. ... Lawyers who actually know about this stuff aren’t so sure.
The economic fallout from leaving the EU is becoming all too apparent.
Why would anyone trust Brexit Britain again?
24/07/2021
Just seven months after singing its praises, British Prime Minister Boris Johnson is attempting to rewrite the Brexit deal he signed with the European Union.
Understanding why, when, and how the European Union (EU) and business interact will be crucial for UK policymakers and organised interests in the new post-Brexit world.
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. /
Woman slams Rishi Sunak over Brexit after four independent businesses close in PM's constituency
02/08/2023
Rishi Sunak was told that “increased taxes, soaring costs, the impact of Brexit, difficulty finding staff, all combined with the fact that it was your government that crashed the economy” led to four businesses closing.
The UK economy is yet to feel the worst impacts of Britain’s divorce from the European Union, senior business leaders said, in spite of Prime Minister Rishi Sunak’s recent efforts to smooth relations with the bloc.
In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service.
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.
£2.1bn extra for no-deal planning
01/08/2019
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.
A brutal Financial Times investigation has unveiled the “all pain no gain” trading conditions many British businesses face post-Brexit.
Cycloc says ‘Kafkaesque’ rules have cost it £100,000 in latest tale of how EU exit is harming small firms.
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.
‘Brexit ruined my business almost overnight’: UK dealer says his income has plummeted by 60% since Britain left the EU
28/04/2022
Almost all of Steve Shovlar’s clients are based in Europe—but added taxes and red tape are putting them off.
UK public companies are trading at a £500bn valuation discount due to the "scarring impact" of the Brexit vote.
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.
‘Clear increase in costs, paperwork and border delays’ for UK business since Brexit not helped by repeated delays to new import regime
09/02/2022
In its report published today the Public Accounts Committee says that since the end of the transition period on 31 December 2020, UK trade volumes been suppressed by the impact of COVID-19 and wider global pressures “but it is clear that EU exit has had an impact, and that new border arrangements have added costs to business”.
While large multinationals may be able to ride out the economic turmoil on the horizon, some smaller firms have more to worry about.
“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.
‘Is it possible to estimate the yearly extra cost to your business because of Brexit?’ ... ‘£155,000 per year’ [2 mins]
30/01/2023
Victoria Derbyshire: ‘Is it possible to estimate the yearly extra cost to your business because of Brexit?’ This chemical manufacturer: ‘£155,000 per year’
‘It’s a horror show’: Business consultant slams Brexit for slowing down exports to the EU [3 mins]
18/11/2022
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.
‘Long overdue’: Government finally hands UK firms customs numbers that will let them trade with EU after Brexit
21/08/2019
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.
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.
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.
Businesses have slammed post-Brexit trading rules, reported The Guardian. / One described life outside the trading bloc as “the same nightmare week after week”.
‘Rule of Origin’ Brexit rule starts to bite: UK customs duties jump 64 per cent in a year to record £4.5bn
22/02/2022
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.
Exporters fear Northern Ireland protocol row will spur trade war with Brussels, making an already difficult job even harder
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.
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.
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.
‘Waste of everyone’s time’: New government video sets out Brexit paperwork mountain [4 mins]
19/07/2022
Guide makes mockery of Boris Johnson’s 2020 claim that UK and EU would ‘do even more business’.
‘We left the gym, now we can’t use the equipment’: Business owner says Brexit consequences are still to come
07/01/2022
"And for those people blaming who are blaming the EU, it's not the EU's fault. We voted for this."
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.
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!
“Now I can see the full carnage of what this government has done to my industry and the wider economy.”
30/01/2021
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.
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