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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. /
UK automotive industry puts the record straight on ‘no deal’ Brexit impact, as Parliament debates the meaningful vote.
GKN is planning to shut an automotive factory in Birmingham with the loss of 500 jobs.
Almost all car makers in the UK are having a hard time figuring out new trade rules post-Brexit, the Society of Motor Manufacturers and Traders (SMMT) said on Thursday, as it announced that UK car production rose for the first time in 18 months.
They are one of the biggest employers in Wales, but chief executive Tom Enders said the handling of Brexit was 'a disgrace' and urged people not to listen to 'Brexiteers' madness'
About 300 jobs have been put at risk after a manufacturing firm announced plans to move production from the UK to Europe. / SKF has revealed plans to shut its plant in Luton and relocate manufacturing to its facility in Poznan in Poland.
The world’s fourth-biggest carmaker by sales has warned of a potential existential threat to large parts of the British car industry unless the government moves to alter the terms of its Brexit trade deal with the European Union.
Wales' automotive industry faces more challenges over future Brexit trade changes, according to experts. / The Welsh Automotive Forum said new checks on imports and rules over where car parts can come from could add to customs disruption when they are introduced.
Like many other companies, however, XY Automation found itself having to deal with a roadblock of its own: Brexit.
David Bailey looks at the implications of BMW’s decision to stop producing the electric MINI at its Oxford plant and sets out what the decisions tells us about the UK automotive industry post-Brexit.
Fantasy world meets reality of a UK industry deeply embedded in EU economy. / Bombardier has put its Belfast plant up for sale, in the process putting a question mark against the 3,600 jobs in the North’s largest private-sector employer.
In what follows, a group of leading social scientists explore these themes, explaining what has happened in the past, the situation the UK finds itself in now, and the issues that might confront us going forward. The collection is intended as a guide to the big questions confronting the country in the years to come.
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.
Helmuth Porschen ponders the fate of UKCA and wonders why the government can’t persuade the rest of the world to adopt British standards.
Brexit-backing billionaire Jim Ratcliffe is in talks to build his Grenadier off-road vehicle, a paean to Britain’s adventurous spirit, in France.
Shipping wine to the UK is now a "bloody nightmare" and it's only likely to get worse.
Businesses have cited Brexit after the UK recorded its worst month in over two and a half years.
‘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.
New post-Brexit trade restrictions have pushed up the cost of parts and raw materials for two thirds of small British manufacturers surveyed last month, and a majority reported some level of disruption.
Issues around Brexit are causing significant disruption for England’s SME manufacturers, according to a new barometer published today.
Brexit issues are causing small to medium-sized (SME) manufacturers in the West Midlands “significant disruption” as they look to recover from the economic effects of Covid-19.
Brexit issues are causing small to medium-sized (SME) manufacturers in the West Midlands significant disruption as they look to recover from the economic effects of Covid-19.
Brexit issues are causing England’s small to medium-sized (SME) manufacturers significant disruption as they look to recover from the economic effects of COVID-19.
Make UK says two-thirds of companies fear customs delays and red tape from new rules will further hamper supply chains.
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.
With 70 per cent of vans being exported into mainland Europe, tariffs could make the future of the plant unworkable.
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."
British car factories could be forced to close if the UK does not renegotiate the current Brexit deal, according to one of the largest automakers in the country.
40% of UK manufacturers have looked to domesticate supply lines, while many EU firms are complacent about trading with British companies, Make UK says.
"It’s very difficult to date for manufacturers to see any benefit from leaving," an organisation representing thousands of businesses has said.
Brexit has reduced the competitiveness of the British economy, with alarming implications for productivity and wages, according to the Resolution Foundation.
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.
Brexit has hit "almost every exporter in manufacturing and engineering" in Scotland, it has been claimed.
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.
Brexit-related issues are causing disruption for SME manufacturers in Yorkshire and the Humber, according to a new report.
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.
An interesting story in the weekend press, one that highlights the negative impact of Brexit on innovation and product development here in the UK.
Car production fell 45% in April. / A move to temporarily halt car production in the runup to the original March 29 Brexit deadline slashed UK car production in April by almost half – the largest amount since Britain was in the midst of a recession.
Ford has admitted the UK’s departure from the EU has not helped the production of its electric E-Transit Custom. / Hans Schep, general manager Ford Pro Europe, said: “Brexit is not making our life easier.”
Stellantis has called for the UK government to renegotiate certain parts of its Brexit deal to ensure the UK remains competitive when it comes to car making.
Supply chain disruptions pushed U.K. manufacturing output to its weakest level in nine months as friction moving goods across the border after Brexit persisted.
New Brexit tariffs on electric car parts threaten the future of Vauxhall’s huge factory in Luton, the plant’s director has warned.
The number of Japanese firms in the UK fell by 12 percent between 2014 and 2019. / Brexit drove a shift in Japanese firms out of the U.K. and toward continental Europe, a report shows.
Areas with higher probability of automation match those with greater percentage of Brexiters.
Company leaders said Brexit is one of their biggest concerns – with key issues being a lack of access to EU migrants.
Real pay set to be £470 lower per worker each year, say top economists. / “We can’t blame Brexit for all of the 5.2 per cent GDP shortfall … but it’s apparent that Brexit is largely to blame,” said John Springford, author of the CEF study.
Brexit issues are causing small to medium-sized manufacturers in the East Midlands "significant disruption" as they attempt to recover from the economic effects of Covid-19, a new report has found.
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.
Trade disruption could deliver a sizeable hit to UK manufacturing output this quarter, while lingering uncertainty and potential instability surrounding the future of the UK-EU trade deal will keep a lid on investment during the post-Covid recovery.
Tor Mackenzie, Founder of MAD Yorkshire takes stock of the issues created by Brexit and how the industry can bounce back.
The unsurprising collapse of Britishvolt, and the total lack of strategy or investment in batteries, will be the final nail in the coffin for the car industry.
The United Kingdom will delay the introduction of border checks on imports from the European Union by as much as six months in a bid to avoid piling on the pain for British business and choking off vital food supplies.
A surge in inflation and friction following Brexit has reportedly stagnated UK exports for more than a year.
Caroline Rush today told of the “challenges” Brexit and the pandemic had posed for her industry as London Fashion Week got under way.
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.
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.
Scotland’s engineering sector is being battered by Brexit fallout and “urgent” action is required to avoid further damage, industry leaders warned today.
One of the world's largest carmakers has said it will be unable to keep their commitment to make electric vehicles in the UK without changes to the Brexit deal.
UK electricity prices are the most expensive of any European automotive manufacturing country and 59% above the EU average, according to the SMMT. / UK firms could have saved nearly £50 million annually if they were buying energy in the EU.
British car factories will be forced to close with the loss of thousands of jobs if the UK government does not renegotiate its Brexit deal immediately, automaker Stellantis has warned.
One of the world's largest carmakers has said it will be unable to keep their commitment to make electric vehicles in the UK without changes to the Brexit deal.
Carmakers are ramping up their preparations for a no-deal Brexit, with a host of major manufacturers moving regulatory approval for their vehicles from the UK to other parts of Europe.
The Chancellor has warned there will be no alignment with EU regulations after Brexit - despite a pledge being made in the North East by Boris Johnson that standards would be protected.
The United Kingdom has passed the point of no return. It has less than six months to reach a new trade deal with the European Union or risk heaping more pressure on companies that are already laying off tens of thousands of workers because of the coronavirus pandemic.
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.
As the possibility of a no-deal Brexit scenario increases, and the government publishes its “no-deal preparedness” notices, it is worth taking stock of the sheer variety of problems that would arise with a no-deal Brexit – and the devastating consequences that would arise from such a legal limbo. Here’s what we know so far.
HALF of manufacturers fear Brexit customs costs will harm their businesses this year, according to a leading industry body.
Grantham-based trailer manufacturer Fruehauf owed almost £5m when it slumped into administration in August, according to documents seen by TheBusinessDesk.com.
A council officer said projects where contracts are yet to be agreed are "more at risk" as councillors heard how 'increasing numbers of goods and services are proving challenging to procure'.
The majority of English regions and Wales are seeing a downward trend in their share of manufacturing exports to the European Union (EU) suggesting a potential structural shift in the UK’s trade patterns, according to the latest analysis published by Make UK and accountancy and business advisory firm BDO.
European car makers are calling for a three-year delay in post-Brexit trade rules around electric cars – warning of both a loss of production and a potential €4.3 billion (£3.7 billion) tariff hit.
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.
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.
Signs that European customers are “abandoning” UK firms are starting to show after British manufacturing recorded the steepest downturn in almost three years.
David Gauke warns of 'an unnecessarily high economic price' - while Amber Rudd highlights less 'support for the economy' than Theresa May's doomed deal.
The IHS Markit/CIPS Purchasing Managers’ Index showed a reading of 63.9 in June, down from May’s record high of 65.6.
UK-based manufacturers and supply chains could face a fresh wave of disruption because of a failure to agree crucial safety standards with the European Union, industry leaders are warning.
The long term future of a major vehicle plant and 1,500 jobs could be put in jeopardy if part of the Brexit treaty is not renegotiated, its plant director has warned.
ONS figures show GDP fell by 0.3 per cent in April, with all three main sectors suffering a fall in output for the first time since January 2021.
Britain should continue following EU car regulations to avoid extra costs for consumers, says the boss of Ford. / Tim Slatter's comments come as car manufacturers prepare for the first major review of Britain's post-Brexit trade deal with the EU.
Heinz's announcement that it was to start making ketchup in the UK again was widely hailed, but the UK's post-Brexit food and drink manufacturing sector still faces stern challenges.
The future of the UK's £34bn aerospace sector is at risk if ministers do not reach a deal with the European Union over the mutual recognition of parts, the aviation trade body ADS says.
The government is facing an unprecedented backlash from five key industries over Boris Johnson's plans for post-Brexit trading arrangements.
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.
It’s no secret that COVID-19 and Brexit have had a lasting effect on a wealth of businesses. In particular, the manufacturing sector has been heavily impacted due to the UK’s withdrawal from the single market and the subsequent restrictions on imports and exports.
But over the course of the year, a crisis, fuelled by the decision to leave the European Union, has been steadily, stealthily, stretching its tentacles around many of the services and products we expect and rely on.
Analysis: The UK’s revised-down Q3 figures should come as no surprise given business has been in second gear since 2016.
Carmakers were hit by the impact of the coronavirus crisis and Brexit uncertainty for most of 2020 about, says SMMT.
Even the best-prepared companies with solid export and import experience have had to contact Scottish Engineering for advice on a raft of complex issues arising from Brexit, the industry body’s chief executive has revealed.
The current Brexit deal is “unrealistic and counterproductive” for electric car manufacturing and needs to be changed, Jaguar Land Rover (JLR) has warned.
Britain’s biggest carmaker, Jaguar Land Rover, will halt production at its British factories for a week in November, its boss said on Thursday, joining BMW and Toyota in plans to help mitigate any immediate disruption from a no-deal Brexit.
The U.K.’s hopes of a swift trade deal with Japan will ultimately rest on a successful resolution to the main talks between London and the European Union on a new trading arrangement, some experts say.
The number of Japanese companies and their employees in the UK is starting to decline. Given that this is against the trend elsewhere in Europe, it is hard to avoid the conclusion that this is a reaction to Brexit.
The number of UK-based Japanese firms fell by 12 per cent from 1,084 in 2014 to 951 in 2019, with most of the drop occurring during the politically tumultuous period following the Brexit referendum in June 2016.
Make UK says Tory candidates show ‘zero understanding’ of consequences of no deal.
Dire warnings from British industries after Chancellor Sajid Javid admitted businesses will be hit, exposes why the Prime Minister focuses on the trivial.
The EU accounted for 53.5% of UK-built vehicle exports – making it our biggest trading partner.
A review of evidence about opportunities, challenges and risks to the North East economy and its key sectors with recommendations for action.
Manufacturers based in Boris Johnson’s new freeports will not be able to enjoy the full benefits if they are exporting to a series of countries with which the UK has signed post-Brexit trade deals.
Current lockdown restrictions are masking new car supply issues caused by post-Brexit trade deal with the EU, according to Cox Automotive, while the used car market continues to outperform expectations.
Hostile immigration policies will do untold damage to the UK’s manufacturing industry. It is baffling that the government is willing to implement such a strategy, says Lord Bilimoria.
The UK regions and Nations which voted for Brexit have increased their dependence on the EU for manufacturing exports, while the European market remains the overwhelming favoured destination for the sector.
Just over a year since the UK left the single market and customs union, and despite the impact of the pandemic, which makes this kind of analysis all the trickier, we can begin to analyse the impact that Brexit has had on the UK economy. These impacts will vary significantly by sector and also by region. In this report, the authors investigate what they might be in the area of manufacturing.
Two out of five firms say they raised prices during September, according to latest AIB survey.
Output, new orders and jobs in the sector fell to a four-month low in May, according to closely watched economic data.
An influential survey found that the UK’s manufacturers saw their growth drop to the lowest since October.
Brexit is weighing on exports, while demand is down due to the Ukraine war. / The number of new export orders dropped for the sixth time in second months, in part due to Brexit-linked problems.
A no-deal Brexit would be ‘a final nail in the coffin for many companies’, the boss of a manufacturers’ organisation said.
UK manufacturers are cutting jobs at the fastest pace for six years with confidence in the sector hit by Brexit uncertainty, according to a closely-watched survey.
The inflationary clouds that have been building over the UK manufacturing industry have finally burst, with a dramatic fall in demand creating the sharpest reduction of new orders since May 2020.
Clients are switching to local sourcing to avoid the post-Brexit trade complications, the PMI survey found.
The closely-watched S&P Global/ CIPS UK Manufacturing PMI survey showed a reading of 47.1 in May, down from 47.8 in April.
Analysis: trade could be a drag on recovery for years to come rather than the high-octane propellent the government promised.
Household cleaning products firm McBride has confirmed its Barrow factory will shut down in the summer at a cost of 106 jobs.
"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.
Employers in Northern Ireland are warning that new migration rules may cause staff shortages across manufacturing, care and food production.
More than a quarter of Northern Ireland manufacturing firms felt a significant negative impact from the NI Protocol in its first month, a survey suggests.
Nissan Motor Co. gave the starkest warning yet on the future of the Japanese group’s car factories in Western Europe, with a plant in the U.K. threatened by Brexit and another in Spain suffering from a slump in demand.
The report shows that no deal will not “get Brexit done” rather, it will usher in a period of prolonged uncertainty for citizens, workers and businesses, which is unlikely to be resolved anytime soon, our new report, No deal Brexit: issues, impacts, implications, reveals.
Industry draws link between politicians’ talk of crashing out of EU and firms losing clients. / A no-deal Brexit will be “commercial suicide” with tens of thousands of jobs already lost in the UK because of the political uncertainty, manufacturing representatives have said.
Bleak impact including higher prices in shops is revealed in OBR report accompanying Rishi Sunak's spending review.
Areas more heavily reliant on exports and manufacturing likely to be most severely damaged, Confederation of British Industry finds.
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.
The British government has chosen unilaterally to break the protocol, which it signed two years ago – but Europe stands by it.
New orders fell and outlook for the year ahead remains gloomy.
The expansion of the UK's manufacturing sector slowed to a seven-month low as inflation ate into household spending and exports dropped in part due to Brexit.
Twenty five months ago - after years of rancorous public debate and political deadlock - the UK left the EU. In our latest poll we asked whether UK manufacturers and engineers have experienced any of the promised red-tape busting, export boosting benefits
Importers of laboratory reagents and materials used in the manufacture of medicines in the UK’s life sciences sector have been given a six-month extension to make the necessary changes to their supply chains for new post-Brexit border paperwork and border inspections.
As the UK economy begins the long road to recovery, many businesses are wondering: where have all the workers gone?
Research also reveals EU remains ‘overwhelmingly dominant’ destination for UK manufacturing exports.
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.
'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'
Jacob Rees-Mogg has put his name to an “Economists for Free Trade” (EfT) report claiming a no-deal Brexit would bring a £1.1 trillion boost to the British economy over the next 15 years. This is pure fantasy. The overwhelming consensus amongst economists is that quitting the EU with no deal would be a disaster on a truly magnificent scale.
This article is going to try to accessibly explain regulations in the context of the EU-UK trade agreement, and trade more broadly.
UK-based engineering firm Renishaw has introduced a raft of new measures that are designed to insulate its European Union (EU)-based business from the impact of Brexit.
Manufacturers are calling on Theresa May to revoke article 50 if she can’t strike a Brexit agreement next week, in the latest sign that the looming possibility of Britain leaving the EU without a deal is hammering confidence in the sector.
The hurdles arising from the UK’s exit from the European Union and single market are highlighted by Scottish Engineering in the industry body’s commentary on its latest survey findings.
Small towns in the Midlands and North are among the areas likely to suffer most from the bare-bones trade deal Boris Johnson is seeking with Brussels, according to a respected economic thinktank.
Brexit related issues are causing significant disruption to English SME manufacturers looking to recover from the economic effects of COVID-19.
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.
South West Manufacturing Barometer reveals SME factories experiencing price hikes and shortage of materials.
Stellantis has warned it won’t be able to keep its commitment to building electric vehicles in the UK without changes to the Brexit deal.
French car giant says it cannot follow parts sourcing rules, introduced through Brexit, which add hefty tariffs. / Stellantis has urged the UK government to renegotiate part of its Brexit deal with the EU so it can avoid vehicle factory closures, which would result in the loss of thousands of jobs.
Rishi Sunak’s government is understood to be lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after Vauxhall’s parent company warned it could shut its UK factories.
The latest IHS Markit / CIPS survey for October saw the sector grow but bosses said they are being held back by job shortages and supply chain delays.
Stellantis car manufacturers has urged the UK government to revisit elements of its Brexit deal with Europe, fearing the integrity of the British car industry supply chain and the future of the nation’s car industry.
JUST 18 per cent of Northern Ireland manufacturers want to scrap the Irish protocol despite 77 per cent reporting a negative impact on their business since the end of the Brexit transition period.
Swindon's Honda factory will close its doors for the final time today - after 36 years in operation.
Two weeks into Brexit, problems are mounting and recriminations are flying in all directions. The reality of Brexit is proving every bit as toxic as the four-and-a-half-year slog that got us to this point.
The UK plastics industry holds a strong position in the global market, consistently evolving with technology and innovation. However, Brexit is a huge challenge facing UK plastics, and it could spell disaster for both those working in and alongside the industry.
With finances tight and growth sluggish, closer alignment would bring mutual benefit.
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.
Three out of every four British manufacturers have experienced Brexit-related delays during the past three months and the government must sort out problems that are still affecting ports, industry group Make UK said on Thursday.
Trade body Make UK said 90% of businesses felt post-Brexit trading arrangements were still disrupting trade.
Wales' automotive industry faces more challenges over future Brexit trade changes, according to experts.
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.
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’.
U.K. aerospace-industry trade lobby ADS warned that Britain could lose business to the European Union after the Brexit deal failed to resolve issues concerning design-approval for plane components.
Shadow International Trade Secretary Nick Thomas-Symonds has written to Business and Trade Secretary Kemi Badenoch urging her to reach an agreement with Brussels. / Time is running out to strike a deal with Brussels over post-Brexit rules which could hamper British car exports, Labour warns today.
Expert warns of ‘existential crisis for UK car industry. / Government insists EV problems ‘can be resolved within’ Brexit deal. / From next year, 45 per cent of an EV’s value should originate in the UK or EU to qualify for tariff-free trade.
Even if there is no second wave of coronavirus to shut down factories once again, British car production in 2020 will only recover to about a half of last year’s figure, says industry body.
The year-long decline in British car production shows no sign of slowing down as May saw another drop-off. As Francis Maguire reports, Brexit uncertainty and investment in electric is forcing car companies to cut costs.
Car companies paying additional and potentially pointless costs every day that leaving the EU with no deal remains on the table, says trade body.
With investment down 80% in past three years, industry faces ‘death by a thousand cuts’.
Industry is being undermined by 'incompetent government and its threats of a no deal', says trade body. / The number of cars built in the UK in April plummeted by almost half compared with a year ago, figures reveal.
Production losses due to the crisis have cost manufacturers more than £9.5bn so far this year, it was estimated, while at least 13,500 jobs have been lost.
The number of cars built in the UK over the past six months has slumped to the lowest since 1954, according to the industry's trade body.
A "dramatic" fall in car production and an easing of stockpiling by manufacturers meant the economy shrank in April, official figures show.
The UK economy saw no growth in the final three months of 2019, as manufacturing contracted for the third quarter in a row and the service sector slowed around the time of the election.
The UK economy contracted 0.2% between April and June, its worst performance since 2012, the Office for National Statistics said.
British factories slashed jobs in February and braced for Brexit by stockpiling goods at the fastest pace seen in any Group of Seven country since records started in the early 1990s, a survey showed on Friday.
Duncan Brock, group director at the Chartered Institute of Procurement & Supply, said Brexit remained a 'thorn in the side' of manufacturers, as supply chain managers continued to report that 'ports and paperwork were their undoing' in June. / 'Some firms also noted that ongoing Brexit-related difficulties and weaker growth had impacted new order intakes from the EU,' the report added.
UK manufacturers are suffering a triple whammy of lower sales, declining profits and a “painful cash squeeze”, according to new Insider Pro research.
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.
As the Brexit transition period comes to an end, leading compliance authority Bureau Veritas is encouraging manufacturers to get ready to make the switch from CE marking to UKCA in order to continue to sell products in the British market.
Factories’ slowdown and weak activity in services signal “minimal” economic growth in second quarter.
Growth in the UK’s manufacturing sector slowed further last month to a two-year-low as concerns over the global economy and raw material shortages impacted new orders.
Output fell in past three months at sharpest rate since 2009 and investment plans for next 12 months weakened.
Rishi Sunak’s government is lobbying the EU to delay a change in manufacturing rules in the Brexit trade deal after the owner of Vauxhall warned it could shut its UK factories.
One of the world's biggest carmakers has warned it may have to close UK factories if the government does not renegotiate the Brexit deal.
A Wales-based drugs manufacturer has been forced to move to Ireland because of Brexit, it has been claimed.
A number of jobs in Wales' automotive industry could be lost due to a lack of clarity over a post-Brexit trade deal, one company's chief executive has said.
Wales voted for Brexit by the same margin as the UK overall, 52 to 48 per cent, in sharp contrast to Northern Ireland and Scotland. / There is evidence that disproportionate support for Leave among the 21 per cent of Welsh voters who were born in England tipped the vote for Leave in Wales.
A study by the Resolution Foundation think tank and London School of Economics details some of the outcomes of the decision to quit the EU - six years after the historic vote.
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.

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