It was a nightmare. It still is': the cost of doing business, eight years after Brexit
Briefly

from www.theguardian.com7 months ago
A report by the Centre for Economic Performance revealed Brexit's negative effect on UK trade, with exports and imports lower in real terms, shrinking by 1% and 2% respectively since 2016.
www.theguardian.comhttps://www.theguardian.com/business/article/2024/jun/23/it-was-a-nightmare-it-still-is-the-cost-of-doing-business-eight-years-after-brexit
Despite the decline in trade, some sectors like services have remained successful, but many others have struggled, with examples including a 20% drop in UK clothing exports and a 56% fall in poultry exports post-Brexit.
www.theguardian.comhttps://www.theguardian.com/business/article/2024/jun/23/it-was-a-nightmare-it-still-is-the-cost-of-doing-business-eight-years-after-brexit
New border checks since April have raised concerns of more disruption, estimating a 2bn cost to businesses importing food and plant products. The repercussions of Brexit are still impacting businesses.
www.theguardian.comhttps://www.theguardian.com/business/article/2024/jun/23/it-was-a-nightmare-it-still-is-the-cost-of-doing-business-eight-years-after-brexit
Read at www.theguardian.com
#brexit-impact-on-businesses #uk-trade-post-brexit #eu-uk-trade-relations #effects-of-new-border-checks #business-sector-adjustments
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