All Brexit articles
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Article
U.K. fashion industry struggles to absorb higher costs from Brexit
Brexit has led to higher prices and increased bureaucracy for the clothing industry and companies are struggling to absorb the additional costs, a comprehensive industry survey has found. The poll of 138 firms by the UK Fashion and Textile Association ( UKFT ) showed that British firms ...
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Article
World Footwear helps shoemakers to deal with Brexit
The Portuguese shoe industry association, Apiccaps , has posted a useful guide on the website of World Footwear with practical checklists for shoe exporters and importers on how to deal with the new trade agreement between the U.K. and the European Union. It also organized a few days ...
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News briefs
European Parliament to vote on Brexit deal April 27
On April 27, the European Parliament will vote on the post-Brexit trade deal agreed between the EU and the U.K., its spokesman, Jaume Duch , said on Twitter. EU lawmakers are expected to clear the deal, which faces an end-April deadline for approval and was backed last week by ...
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News briefs
U.K. accepts to extend provisional Brexit deal to April 30
The British government has accepted, at the European Union’s request, to extend until April 30 the provisional application of the post-Brexit agreement, to give additional time to the European Parliament to ratify the deal. The provisional application of the post-Brexit agreement started on Jan. 1, after the U.K. left ...
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News briefs
JD Sports head says Brexit “considerably worse” than expected
The impact of Brexit on trade is “considerably worse” than expected, Peter Cowgill , chairman of JD Sports Fashion told the BBC ’s World at One program. He said that red tape and shipment delays to the European single market have resulted in “double-digit millions” in additional costs. ...
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Article
U.K.-EU trade heavily affected by Brexit, worse may be ahead
Brexit has complicated life for merchants in the European Union exporting to the U.K., which highlights new paperwork requirements, higher administrative costs, delivery delays and uncertainty about what the rules of the game are now that the U.K. is no longer a member of the single market since Jan. 1. ...
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News briefs
Brexit controls suspended in Northern Ireland
Controls introduced in Northern Ireland due to Brexit were suspended Monday evening in the ports of Belfast and Larne due to threats to personnel. Mid and East Antrim council on Monday night announced it was withdrawing 12 of its staff at Larne port with immediate effect due to concerns ...
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Article
Mastercard hikes fees on U.K. e-commerce purchases from EU
Mastercard is preparing to increase fees charged to EU merchants when British cardholders buy their goods online by at least 400 percent, a move it said is being made due to Brexit and could lead to higher prices for consumers should merchants decide to pass on the higher costs ...
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Article
DPD resumes U.K. road services to EU after Brexit customs delays
The parcel carrier DPD has resumed its road service from the U.K. to the European Union after resolving customs clearance problems caused by post-Brexit administration rules. The U.K. left the single market on Dec. 31, 2020. The company had suspended operations in the first week of the month ...
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News briefs
DB Schenker resumes shipments to the U.K.
On Jan. 21, the German logistics group DB Schenker resumed shipments to the U.K. from the European Union after having suspended them for over a week due to the red tape introduced after the U.K. left the single market on Dec. 31. The company, which is owned by ...
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Article
Only a quarter of U.K. companies are ready for Brexit
Only 24 percent of U.K. business leaders believe that their businesses are fully ready for the end of the Brexit transition period, which concludes on Dec. 31, according to a survey by the Institute of Directors (IoD) . According to the survey, 19 percent of respondents said that ...