UK Businesses Face Miles of Red Tape with New Brexit Border Rules By Lucy Meakin, Lizzy Burden and Deirdre Hipwell | January 12, 2021
While the mile-long lines of trucks have dissipated at ports, UK businesses are waking up to less visible forms of friction at the border with the European Union that may cause more enduring damage.
From health certificates to new taxes and additional paperwork, the cost of moving goods across the English Channel is rising due to Britain’s exit from the EU. Just 6% of firms told the Bank of England they were fully prepared for what was to come, and the headaches are just starting less than two weeks into the new system.