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"Upwards of £1 trillion" is being taken out of the UK and transferred to Europe - C4 News
04/04/2019
Our Economics Correspondent @HeliaEbrahimi explains how no-deal Brexit preparations are impacting the UK economy.
The UK's new trading relationship with the European Union (EU) might be less than two weeks old but some businesses - and their European customers - are already struggling to adjust to the new trading landscape.
Cult sustainable labels like Fruity Booty are up against insane levels of paperwork and shipping delays.
It is more than a month since the UK's new trading relationship with the European Union (EU) came into being but the transition has been far from easy for some businesses. From being told to set up operations in Europe, having goods stuck in port and facing increased costs to clear the border, three North East firms reveal the reality of adapting to the new rules.
Fears of new disruption to fresh produce supply from EU when import controls hit in October.
Exports to EU halt due to border delays and paperwork.
Brexit uncertainty affected a large proportion of UK textile and apparel firms, both upstream and downstream—over 60 per cent of firms in both manufacturers and lead firms’ groups, according to researchers from the London School of Economics (LSE).
Brexit, One Month After
10/02/2021
The UK’s official departure from the EU took place on January 1, 2021. The Brexit roll-out, not unexpectedly, has been awash with problems.
It may have been over three years since the UK formally left the European Union but UK brands and retailers continue to face a slew of challenges in navigating post-Brexit trade. Drapers identifies the persistent pain points and how they are being managed.
Brexit… out of fashion in Somerset
04/05/2021
It would be fair to say that businesses in Somerset are now really starting to feel the effects of Brexit and our new trade deals with the EU and the rest of the world. From all the businesses I have spoken to so far the effects have ranged from bureaucratic nightmares with unnecessary paperwork and extra costs to complete shutdowns of exports.
Caller who voted Brexit for 'less bureaucracy' has goods held 'hostage' and stock delayed
14/05/2022
This frustrated business owner who voted for Brexit because she was "fed up with the bureaucracy" of the EU now has "more of it" as her business struggles to cope with additional costs and delays.
Northern Ireland, food prices, the ease of a deal - it turns out that many of the claims made by those advocating Brexit were not quite true...
EU demands billions from UK as ‘Made in China’ row widens: Britain accused of flouting Brexit rules
14/03/2022
The European Union is demanding £2.5bn in compensation from Britain for failing to apply customs rules to Chinese imports.
The fashion industry has warned it faces severe talent shortages after a government advisory body rejected its plea to offer more visas to foreign workers.
...a combination of supply chain problems, Brexit, inflation and unseasonably warm weather ended with Hunter Boot going into administration, the UK’s version of bankruptcy.
Independent fashion retailers face mounting pressure from the cost of living crisis and rampant price inflation. Drapers examines their survival strategies. / The independent retail sector is battling rising energy costs, post-Brexit stock order delays and weak consumer confidence.
Business leaders have called for greater support for Scotland’s stricken high streets as a famous clothing retail brand trading for 189 years is to close.
Kidswear independents across the UK are receiving unexpected bills for import VAT and customs declarations, as post-Brexit trading rules bite.
Kidswear independents across the UK have expressed concerns that “nightmare” post-Brexit import VAT is still being incorrectly charged on some children’s clothing and footwear that should have been zero rated, causing “hell on earth” for many businesses.
Fashion industry leaders want the UK to be able to continue to recruit and trade freely with Europe.
British luxury retailer Matchesfashion has been hit hard by COVID-19 and Brexit, its Companies House filings revealed.
A major agency which represents Naomi Campbell and Twiggy has warned that models now face a three month wait to work in Europe, effectively killing off their chances at work in the EU post-Brexit.
Childrenswear and maternity retailer says it plans to increase price of clothing and toys by up to 5% this summer.
No-deal Brexit: Almost half of Brits are stockpiling food, medicine and clothes as UK heads for the cliff edge
07/07/2019
Four out of ten Brits are stockpiling items including food, medicine and clothes in preparation for the growing prospect of the United Kingdom leaving the European Union without a Brexit deal later this year.
A company specialising in children’s sports clothing has relocated to avoid the costs and bureaucracy caused by leaving the EU.
With inflation set to rise, alongside the cost of shopping and transport, the economic fallout will squeeze Britons’ budgets.
UK clothing and food retailer Marks & Spencer on Wednesday reported a 7.8 per cent decline in annual profit, as strong sales growth was offset by inflationary pressures and the impact of Brexit-related costs on the Irish food business.
Retailers consider burning clothes stuck in the EU due to Brexit red tape and customs charges
22/01/2021
Shoppers hit with extra charges of more than 20% are sending goods back but UK retailers find it’s not worth the hassle
Just weeks from the end of the transition period, and the effects of Brexit continue to make themselves felt, this time in the business of second-hand clothing.
Sir Keir Starmer has told an LBC listener whose small business has been hit hard by Brexit that he will raise her problem with the Government.
Small towns in Midlands and North will suffer most from Boris Johnson’s Brexit trade deal, IFS says
26/02/2020
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.
“Through 2019, 140 companies opted to move to the Netherlands and we were talking to 250 companies, but that has now increased to nearly 500.”
Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain
03/02/2022
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Sports clothes company forced to relocate to Romania to allow business to ‘survive and grow’
05/07/2021
In a statement, the company said: "We are now relocated in Europe." / “Sadly, due to Brexit and UK lockdown restrictions, we had to leave England to allow our business to survive and grow.”
Nearly three-quarters of UK firms say leaving the EU has affected them “very negatively”.
Extra paperwork, border checks and additional costs for exports - Brexit has destroyed the livelihoods of countless musicians.
UK companies face Brexit import controls
03/01/2022
British firms face the introduction of much-delayed post-Brexit border control checks from 1 January which will affect businesses importing $314 billion of goods a year from the European Union.
Figures show Brexit compounding Covid disruption, with clothing exports plunging 60%, vegetables down 40% and cars 25%.
Non-binding opinion says UK allowed criminal gangs to flood Europe with cheap Chinese-made clothes.
UK ‘failed to fulfil its obligations’ to stop Chinese companies flooding market with cheap clothes.
The import of apparel by the United Kingdom was badly hit by Brexit and the COVID-19 pandemic. The value of UK’s apparel import has been declining from 2019, when it became imminent that Brexit is going to take place.
Research by the UK Fashion and Textile Association has revealed the true extent of disruption and additional costs British fashion companies have faced since prime minister Boris Johnson's Brexit trade deal was implemented on 1 January 2021.
Vintage clothes shop in Corby closes and says Brexit has 'destroyed online vintage businesses'
28/02/2023
They have decided to scale down their business in order to spend more time as a family, but say the decision is also because Brexit has made their business far more difficult to run.
Firms across four different sectors share their stories of rising costs, extra paperwork and packages that never arrive.
“Mountains” of second-hand clothing are piling up in the north-east of England after new Brexit complications have forced one of the UK’s biggest exporters of second-hand clothing to halt exports after falling foul of the new ‘rules of origin’ requirements, it is being reported.
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