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Report: SMEs turn to tech to handle post-Brexit customs complexity

The UK-EU Trade and Cooperation Agreement (TCA), which was agreed on December 24, 2020 and implemented 8 days later, has been met with criticism from all angles. “Brexit is costing the UK economy a lot of resources and money to cope and in adjusting supply chains to the EU,” says Alexander Altmann, partner at Blick Rothenberg. “I don’t think the UK will be able to recover what its currently losing with the EU with what it may gain from new trade deals with the US, China and Australia.�...
United States United Kingdom Northern Ireland Great Britain Republic Of Ireland Amanda Tinkel

Why UK cheesemakers are cheesed off with Brexit

Why UK cheesemakers are cheesed off with Brexit2021|02:02 This is The Cheshire Cheese Company, in rural northern England. It used to sell its traditional wax-coated cheeses directly to European customers. But costly red tape since Brexit has closed down that trade completely, the company says, pushing it to consider investing in a new hub in France. London and Brussels agreed a last-minute trade deal last December which averted border tariffs, but many companies, particularly smaller ones, have...
United Kingdom Bruxelles Capitale City Of Simon Spurrell Boris Johnson Cheshire Cheese Company

Taxes And Food Certificates: UK Counts Brexit Costs

Taxes And Food Certificates: UK Counts Brexit Costs By Jean-Baptiste OUBRIER 01/29/21 AT 10:03 PM A tangle of post-Brexit paperwork, duties and taxes is disrupting commercial ties between Britain and the European Union that have often taken years to build, piling extra costs on small firms that can make cross-Channel trade unprofitable. Changes since the UKs departure from the blocs single market and customs union on January 1 have made it "commercially and practically impossible for us to ...
United States United Kingdom Gary Rycroft Michelle Dale Mike Cherry Simon Spurrell

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UK firms plan to shift across Channel after Brexit chaos

UK firms plan to shift across Channel after Brexit chaos Toby Helm © Reuters The port of Rotterdam. UK firms are looking to the Netherlands to set up bases in the EU. Hundreds of UK companies could switch operations to countries inside the EU in what is threatening to become a dramatic exodus of investment and jobs caused by Brexit. The Observer can reveal that since 1 January, 500 businesses – mostly UK-owned, or UK-based with overseas owners – have made inquiries about...
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Source: msn.com

Brexit news: UK businesses ready to 'cut out EU completely' to bypass red tape | Politics | News

Mr Spurrell said the EU has effectively been cut out of trade (Image: Al Jazeera) Michael Gove has vowed to "pull out all the stops" to help businesses adjust to new post-Brexit trade rules ahead of a meeting with industry leaders. The Cabinet Office Minister chaired the Brexit business taskforce on Thursday evening to help businesses get "tailored support" to tackle export issues. There is no disruption at UK ports, according to the Cabinet Office, but up to 5% of traffic has been turned back ...
United Kingdom Bruxelles Capitale Northern Ireland Simon Spurrell Michael Gove Federation Of Small Businesses

UK's small businesses struggle with Brexit red tape

Home UK’s small businesses struggle with Brexit red tape UK’s small businesses struggle with Brexit red tape Many companies forced to shift operations to EU or risk sliding profits and lost sales World Economy News 28 Jan 2021 • 4 min read Britain’s small businesses warn profits are being wiped out and operations forced to move to Europe as they struggle to deal with the red tape and costs of trading with the EU after Brexit. A month a...
City Of United Kingdom Northern Ireland Emily Bendell Mike Cherry Danny Hodgson

Some UK firms say they were advised to 'set up in EU'

Article by Simon Spurrell (centre) from the Cheshire Cheese Company says he was advised to set up a hub in the European Union. (GP) Social Share London – United Kingdom firms that export to the European Union say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules. Firms have been hit by extra charges, taxes and paperwork, leading some to stop exporting to the EU altogether. But several say they have been told that se...
Borough Of Cheshire East United Kingdom City Of Simon Spurrell Rural Affairs Cheshire Cheese Company

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