Brexit: Assessing the UK’s imports and exports
How will Brexit impact the UK’s trade? It’s the question burning in every businessperson’s mind, and it doesn’t seem to be getting an answer any time soon. According to the Independent, many companies are struggling to decide on importing and exporting in light of confusion over the direction Brexit will take businesses. But what is the […]
Freight trade welcomes HMRC’s ‘no deal’ TSP extension
The British International Freight Association (BIFA) has welcomed the decision by HMRC to extend Transitional Simplified Procedures (TSP) in the event of a no-deal Brexit. “Having criticised HMRC when it originally published its Transitional Simplified Procedures in February, we now welcome the news that, in the event of a no-deal Brexit, the date when the […]
Temporary tariff regime as ‘no deal’ Brexit looms large
Government has published details of the UK’s temporary tariff regime for no deal, designed to minimise costs to business and consumers while protecting vulnerable industries as the risk of a no deal Brexit increases. This regime is temporary, and the government says it would closely monitor the effects of these tariffs on the UK economy. […]
Retailers warn over ‘no deal’ Brexit food supply chain risks
Sainsbury’s, Asda, Waitrose and M&S are among UK retailers to have warned about the devastating impact a so-called ‘no deal’ Brexit will have on food security and supply in the UK. In an open letter to MPs, send by the British Retail Consortium trade body, the CEOs of the country’s biggest food retailers called on […]
FTA urges hauliers to submit for international permits
UK hauliers have been urged to submit applications for international road haulage permits before the closing deadline (this Friday, 18th January) ahead of a possible ‘no deal’ Brexit. The Freight Transport Association (FTA) has advised vehicle operators looking to transport into the EU-27 countries post-Brexit that they should prepare accordingly. An ECMT (European Conference of […]
BIFA: £8m funding for customs training ‘very welcome’
The British International Freight Association (BIFA) has welcomed the recent news of an £8 million government funding scheme for customs intermediaries and traders. Grants have been made available for all customs intermediaries and traders completing customs declarations. The aim of the grants is to support training and the upgrade of IT systems. According to BIFA, […]
Davies Turner: Brexit-related warehousing requests ‘on the increase’
Davies Turner is seeing an upsurge in enquiries about the availability of warehousing space, driven by customer concerns about the outcome of the Brexit negotiations and the future of UK trade with the EU after March next year. The freight forwarder and logistics service provider said it has previously seen demand for warehousing capacity often reduce in […]
GUEST BLOG: Business after Brexit – Is our future with China?
By Amy Hodgetts, Oasys Software With 29th March 2019 drawing closer, and without a clear understanding of what state the market will be in between Britain and the European Union after Brexit, the pressure is certainly rising. Despite this worry, or perhaps because of it, less than one third of UK firms say they have […]
‘1 in 10 businesses could fold’ as a result of Brexit customs delays
One in 10 UK businesses believe they would likely go bankrupt if goods were delayed by just 10–30 minutes at customs as a result of Brexit, according to new research from the Chartered Institute of Procurement & Supply (CIPS). The findings come from a survey of 1,310 UK and EU-based supply chain managers, the professionals […]
Manufacturers in industrial product supply sector want ‘continued regulatory alignment with the EU’
An overwhelming majority of UK industrial product manufacturers want continued regulatory alignment with the EU after Brexit, a new industry survey has revealed. Responding to a survey by the advisory body EURIS and independent experts at The UK Trade Policy Observatory (UKTPO), 83% of industrial product manufacturers support continued regulatory alignment in order to remain […]
