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New polling shows British companies losing faith in Brexit benefits
A new survey of more than 3,000 firms released by the Department for Business and Trade today found that three out five now think that free trade deals will have no impact on their business, including half of all firms exporting.
Import check delay an admission that Brexit deal is increasing costs
This morning the Minister for Brexit Opportunities announced that the scheduled introduction of even more post-Brexit import checks will be delayed for a fourth time.
LSE Report: UK faces double whammy from new red tape
New research by the London School of Economics reports that EU-UK imports have fallen by 25% and the number of export relationships has fallen by a third since the EU-UK trade deal was introduced in January 2021.
ONS trade stats: Brexit red tape slows UK growth
Responding to the ONS trade statistics for February 2022, and analysis from the British Chamber of Commerce that the UK is not experiencing the same growth levels as “some of our largest trading neighbours”, Hilary Benn MP, Co-Chair of the UK Trade and Business Commission, said:
Less choice and higher prices from new import checks says business owners
The cross-party, cross-business UK Trade and Business Commission today heard that post-Brexit import checks are resulting in less choice and higher prices for UK consumers.
Government clueless on cost of new Brexit checks for businesses
A new statement from the Treasury suggests that the UK Government has collected no data about how much new post-Brexit import checks are costing businesses.
A third of businesses report drop in turnover amid import/export challenges
Today, new ONS figures on challenges facing UK businesses showed that weeks after the introductions of new post-Brexit import checks, a third of businesses reported a drop in turnover, 72% of businesses reported importing challenges and that less than two thirds of transport and storage businesses were fully trading.
PAC Report: Government must reopen support as SMEs feel Brexit pain
Responding to the report from the Public Accounts Committee (PAC) that ‘the only detectable impact’ of Brexit so far is ‘increased costs, paperwork and border delays’ Tamara Cincik CEO of Fashion Roundtable who sits on the UK Trade and Business Commission said,
New trade stats: Lost EU trade driving fall in imports
Responding to the ONS October trade statistics, Alison Williams, member of the UK Trade and Business Commission and Global Head of Data at DunnHumby, said:
Digitise import and export checks to fix Brexit ‘mess’
Responding to the disappointing UK trade figures for August 2021 from the ONS, Hilary Benn MP, co-convenor of the UK Trade and Business Commission said:
Cross-party MPs and business leaders publish fixes to “broken” Brexit deal
The cross-party UK Trade and Business Commission of MPs and business leaders has published recommendations to improve the government’s Brexit deal which continues to cause serious problems for people and businesses including the ongoing supply crisis.
Only a third of £20m business Brexit support paid out as government misses target
New figures reveal that the government has paid out just a third of the money set aside to help businesses cope with the increased bureaucracy and costs resulting from the UK’s withdrawal from the European Union.