Post Brexit Trade Problems “Will Be Ironed Out” – Iain Duncan Smith

Brexit is beginning to take its toll Brexit is beginning to take its toll. Trade with the EU is suffering and foreign investment is heading south. Neither trend is temporary and both harm the government’s stated aim of “levelling up” regions that until now have depended on overseas trade to create well-paid jobs. It’s not clear whether…

Three in ten British businesses have stopped trading with the European Union since the end of last year, research suggests. More than seven in ten have experienced problems with trading since the Brexit transition period ended on December 31 and nearly half expect the disruption to continue in the long term, according to a poll…

Almost one in four small businesses which export goods have temporarily stopped shipping to the EU since the end of the Brexit transition period, a survey has found. Close to a third (32 per cent) have lost goods in transit, and an even greater proportion (34 per cent) have had goods held indefinitely at EU…

Boris Johnson told MPs last week that there were no impediments exporting to the EU. However, his hard brexit created some pretty big ones. In this video, I explain two of the biggest related to import duties and transport problems. In fact, the trade data makes clear that we have faced a big impediment to…

Delays, paperwork and additional costs are making British chocolate scarce in Europe “We’ve lost our entire European trade,” said Aneesh Popat, the owner of The Chocolatier, which sells dark chocolate salted caramel water ganache Easter eggs and other treats out of Bedfordshire, about 80km (50 miles) north of London. “Worse than that, we’ve lost our…

Huge delays This Engineering business reports that Cross-channel deliveries which, before Brexit, used to take 3 days now take up to 4 weeks. Third Countries With Brexit the UK is now counted as another ‘Third country’ by the EU. Previously the UK was a Rule-maker as a member of the EU, but now it’s a…