Stay updated with breaking news from Simon Spurrell. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
URSULA VON DER LEYEN has been asked to resign after the European Commission made a 'grievous error' over its threat to impose export controls to grab the UK's vaccine.
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 setting up branches, depots or warehouses in the Netherlands for “Brexit-related reasons”. If c...
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 for either failing to meet customs requirements or a lack of a negative coronavirus test. Some 371 e...
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 after the UK left the EU’s single market and customs union, British SMEs are still working out whet...
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 setting up hubs in Europe would minimise the disruption, even if it means moving investment out of the...