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Brexit: UK companies ‘told to set up in EU to avoid trade disruption’

From independent.co.uk

UK businesses have claimed government officials are encouraging them to set up new hubs in the EU to avoid Brexit trade disruption. The firms say they were advised to establish subsidiaries in the bloc by both the Department of International Trade (DIT) and the Department for Environment Environment, Food and Rural Affairs (Defra) after being hit by extra charges, taxes and paperwork. One exporter, Cheshire Cheese Company, said it had been forced to stop sending products to the EU because of new regulations which means that each £30 gift box requires a separate health certificate costing £180. The firm is now looking ... (full story)

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  • Category: Fundamental Analysis