Originally posted by Paddy
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Lovely nice to see the milk of human kindness has curdled.
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Someone needs needs to update Wiki. Robert Rowland ex Brexit MEP and Farage's offshore criminal mate kicked the bucket today.Leave a comment:
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'F****** Brexit' EU firms losing out to UK rivals due to red tape - Man Utd WAG caugh
"'F****** Brexit' EU firms losing out to UK rivals due to red tape - Man Utd WAG caught up
It was said that 80 percent of businesses on the the Continent hadn’t got to grips with the new paperwork required to make shipments to the UK. And one European fashion firm has around £1 million worth of stock stranded in a British warehouse while their suppliers deal with the new bureaucracy. This has led to small and medium-sized businesses either decide to stop selling to UK consumers or hike their prices.
Haider Abdo, the chief executive of Returnado, a global returns management company, told Express.co.uk: “EU-based retailers will have a harder time competing with UK ones since EU businesses will likely deliver slower and there will be more friction when both purchasing from abroad and returning items there.
“With these extra friction points, prices will likely need to increase there as well, making them less competitive against UK-based merchants.”
He added: “We spoke to one Swedish company who generate labels for shipping, who said 80 per ent of their EU businesses hadn't yet filled out the forms and details in order to meet the new requirements, which accounts for several 100,000s of retailer shipments to the UK every month.
“This is because many of the new rules came in over Christmas which caught them by surprise as they were focussed on sales.”
Brexit news: EU firms hit by red tape losing to UK rivals – Man Utd WAG caught up | Politics | News | Express.co.uk
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