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Investegate announcements from Glantus Holdings PLC, Launch of New Global Partnership Program

As trade through the Channel Tunnel collapses border delays and tariffs mean Brexit is wreaking havoc on our businesses Jonathan Prynn and Naomi Ackerman 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. Boris Johnson had argued that freedom from European Union red tape would be one of the biggest wins for Brexit — ever since he laid into “barmy Brussels bureaucracy” from his Daily Telegraph office in the city almost three decades ago. But 35 days on from Britain’s full...

Amazon halts alcohol sales in Northern Ireland following new Brexit customs rules A Gardai police officer mans a checkpoint on the border between the Republic of Ireland and Northern Ireland (Getty Images) Online retail giant Amazon has halted sales of wines, beers and spirits in Northern Ireland as it prepares to de-list more products under new Brexit customs rules. The company is concerned that excise duty will now have to be paid twice on alcohol shipments sent from British mainland across the Irish Sea. Amazon suspended orders in Northern Ireland at the end of December, ...

Post-Brexit Special: Business leaders on the challenges of trading with the EU Freight isn't the only thing exporters are having to deal with (Getty Images) Since the start of the year, a raft of new requirements are making life increasingly difficult for UK businesses that trade with the EU. On the surface, frictionless trade should have continued, but as the UK is no longer part of the EU Single Market and Customs Union, companies have been faced with an increased burden of bureaucracy. In this 2-part series, City A.M. sits down with UK-based business leaders, suppliers an...

Last modified on Tue 26 Jan 2021 13.55 EST Small British businesses exporting to the EU are struggling to navigate a new VAT regime, with one tax advisory firm receiving up to 200 calls a week from worried companies. The Federation of Small Businesses (FSB) said its members are facing “significant issues” as a result of leaving the EU VAT area. “Businesses just did not have enough time to prepare for this,” said Selwyn Stein, managing director of VAT IT, a firm that helps reclaim the sales tax. “They’re being hit by a rulebook from 27 separate countries, when they are used to deal...