Brexit causing supply problems for small UK manufacturers: survey

[snoop1130]

Brexit causing supply problems for small UK manufacturers: survey

 

FILE PHOTO: Lorries queue in at the border control of the Port of Dover, Britain, January 15, 2021. REUTERS/John Sibley//File Photo

 

LONDON (Reuters) - New post-Brexit trade restrictions have pushed up the cost of parts and raw materials for two thirds of small British manufacturers surveyed last month, and a majority reported some level of disruption.

 

The survey of nearly 300 firms, by consultants South West Manufacturing Advisory Service (SWMAS) and the Manufacturing Growth Programme, a government and European Union-funded initiative providing support to small firms, adds to the picture of disruption from new customs checks that came into force on Jan. 1 for goods trade with the EU.

 

“Price hikes in the supply chain have been immediate, and we are hearing tales of lead times being extended on raw materials,” said Nick Golding, managing director of SWMAS.

 

Some 65% of manufacturers reported higher costs, and 54% said they had greater difficulties exporting goods to the EU.

 

Around a fifth of manufacturers thought they might gain from customers bringing work back to Britain from the EU.

 

Britain’s government has said many of the difficulties are “teething troubles” and last week said it would make 20 million pounds ($27.7 million) available to help small firms get used to the new rules. Further restrictions are due to take effect later this year.

 

Earlier this month the Bank of England forecast that Brexit-related trade disruption would reduce economic output by 1% during the current quarter - equivalent to about 5 billion pounds - and it expects trade to fall by 10% in the long term.

 

Brexit supporters say Britain will gain long-term advantages by setting its own trade rules with countries outside Europe, as well as from greater control over domestic regulation.

 

-- © Copyright Reuters 2021-02-15

 

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[Credo]

I fail to see what the advantages of Brexit are.  It seems you have problems with exporting good and importing raw materials.   

 

It was a silly idea.  I suspect it will all end badly for the UK.

 

[bartender100]

43 minutes ago, Credo said:

I fail to see what the advantages of Brexit are.  It seems you have problems with exporting good and importing raw materials.   

 

It was a silly idea.  I suspect it will all end badly for the UK.

 

 

Sorry your wrong, it will end up badly for the EU, The UK will boom when C19 is over and the world reopens, the EU will be slow to respond and change

[spiekerjozef]

Keep whining....

[welovesundaysatspace]

12 minutes ago, bartender100 said:

 

Sorry your wrong, it will end up badly for the EU, The UK will boom when C19 is over and the world reopens, the EU will be slow to respond and change

What “respond and change” post Covid are you talking about? 

[spiekerjozef]

12 minutes ago, bartender100 said:

 

Sorry your wrong, it will end up badly for the EU, The UK will boom when C19 is over and the world reopens, the EU will be slow to respond and change

lol my friend tells me for 16 years that UK pound climbs back to 75 baht in no time...

[robblok]

23 minutes ago, bartender100 said:

 

Sorry your wrong, it will end up badly for the EU, The UK will boom when C19 is over and the world reopens, the EU will be slow to respond and change

Sure keep on dreaming, bad news is piling up and all the Brexiteers can do is saying.. the news is bias or this is just teething problems. Listening to the people who know in the business is not a thing Brexiteers on this forum can do. They ignore the experts and have nothing to back up their claim. I want to see just one article showing how good Brexit has been or a report from a Think tank showing Brexit is a good idea.

 

I know its over and done with but the least the die hard anti EU people could admit all the problems there are. But they just ignore them and say its false news. Kinda Trumpish.

[tebee]

1 hour ago, robblok said:

Sure keep on dreaming, bad news is piling up and all the Brexiteers can do is saying.. the news is bias or this is just teething problems. Listening to the people who know in the business is not a thing Brexiteers on this forum can do. They ignore the experts and have nothing to back up their claim. I want to see just one article showing how good Brexit has been or a report from a Think tank showing Brexit is a good idea.

 

 

 

Even leave's own pet economist, professor Minford, said he expected Brexit to decimate British manufacturing, so it's hardly surprising they are all having problems. 

[candide]

No no! It cannot be true. We've been told many times that the EU was only benefitting large global companies!

Edited February 15, 2021 by candide

[Scott]

Troll post and replies removed.

 

[bannork]

Desperation from Dominic Raab. No benefits from Brexit for 10 years. They should have used that as a slogan on the bus.

https://www.independent.co.uk/news/uk/politics/brexit-problems-dominic-raab-10-years-b1802158.html

[pacovl46]

5 hours ago, robblok said:

Sure keep on dreaming, bad news is piling up and all the Brexiteers can do is saying.. the news is bias or this is just teething problems. Listening to the people who know in the business is not a thing Brexiteers on this forum can do. They ignore the experts and have nothing to back up their claim. I want to see just one article showing how good Brexit has been or a report from a Think tank showing Brexit is a good idea.

 

I know its over and done with but the least the die hard anti EU people could admit all the problems there are. But they just ignore them and say its false news. Kinda Trumpish.

It’s like arguing with conspiracy theorists. You can present them with as many hard facts as you want, they still won’t believe you because they’re completely blinded! Waste of time really! 

[adammike]

45 minutes ago, pacovl46 said:

It’s like arguing with conspiracy theorists. You can present them with as many hard facts as you want, they still won’t believe you because they’re completely blinded! Waste of time really! 

I ordered a jacket from a UK firm 3 January.Didnt think it would be a big deal,they didn't charge me the VAT but warned me that there would be charges when it arrived in the Netherlands,they gave me the option to cancel.

I tracked the jacket from Nottingham to Heathrow,then 3 towns in Germany and finally Amsterdam.It was delivered 5 February with nothing to pay.

I mailed them to say it finally arrived and no charges,they replied that I got away with it,they were getting stories about some people having serious tax and courier charges. 

[pacovl46]

17 minutes ago, adammike said:

I ordered a jacket from a UK firm 3 January.Didnt think it would be a big deal,they didn't charge me the VAT but warned me that there would be charges when it arrived in the Netherlands,they gave me the option to cancel.

I tracked the jacket from Nottingham to Heathrow,then 3 towns in Germany and finally Amsterdam.It was delivered 5 February with nothing to pay.

I mailed them to say it finally arrived and no charges,they replied that I got away with it,they were getting stories about some people having serious tax and courier charges. 

I’ve recently ordered a jacket from a UK vendor on eBay. It arrived in Germany after about a week and I wasn’t charged any taxes in Germany either. I guess it depends on what is mentioned on the outside of the parcel in regards to content and value. I know that if they declare it a gift and the value is less than 49 Euro it’s tax free in Germany. I haven’t checked, though, whether that was the case with the jacket. It just arrived and I opened it. A friend of mine ordered the same jacket from the same guy and he didn’t have to pay anything either on arrival.

[wombat]

7 hours ago, bartender100 said:

 

Sorry your wrong, it will end up badly for the EU, The UK will boom when C19 is over and the world reopens, the EU will be slow to respond and change

Without UK money to prop up the failed economies in EU the EU is a failed experiment post covid 

[bannork]

26 minutes ago, wombat said:

Without UK money to prop up the failed economies in EU the EU is a failed experiment post covid 

The hope Brexiteers cling to: the EU is gonna collapse! It's their only hope, apart from  trade deals with countries thousands of miles away.  

[Peter Denis]

2 hours ago, bannork said:

Desperation from Dominic Raab. No benefits from Brexit for 10 years ...

https://www.independent.co.uk/news/uk/politics/brexit-problems-dominic-raab-10-years-b1802158.html

Interesting comments on the original - short - article.

Had a good laugh on this one, which nails it exactly!

Sure!' cried out the leprechaun, "there be a pot of gold, at the end of that rainbow. And it will be thy pot. Just take thee Unicorn and ride for 3.650 days to the East until thy wilt have reached the Sea of Silence. There, there will be more gold than the eyes can muster!"

And all the sheep followed Humpty Dumpty in their quest for gold in the far East. And if they haven't died they will be rich beyond belief by now.

Good night children, rest assured, that your Government is on the guard.

[placeholder]

30 minutes ago, wombat said:

Without UK money to prop up the failed economies in EU the EU is a failed experiment post covid 

Citing the future as evidence to make your case? Can you share with us contact info for the  supplier of your crystal ball?

[flossie35]

2 hours ago, wombat said:

Without UK money to prop up the failed economies in EU the EU is a failed experiment post covid 

The UK's own economy is failing; and those deserting the sinking ship for Europe are helping EU economies. Brexit doesn't work unless you stay in the single market.

[Pilotman]

1 minute ago, flossie35 said:

The UK's own economy is failing; and those deserting the sinking ship for Europe are helping EU economies. Brexit doesn't work unless you stay in the single market.

Utter nonsense. There is a whole world outside that don't give a monkeys about the EU and its delusions of grandeur. 

Edited February 16, 2021 by Pilotman

[Surelynot]

10 hours ago, Credo said:

I fail to see what the advantages of Brexit are.  It seems you have problems with exporting good and importing raw materials.   

 

It was a silly idea.  I suspect it will all end badly for the UK.

 

They are huge....I have heard the list of benefits is so big it had to be compressed into a zip file.

[welovesundaysatspace]

25 minutes ago, Pilotman said:

Utter nonsense. There is a whole world outside that don't give a monkeys about the EU and its delusions of grandeur. 

And what makes you think it gives a monkeys about the UK? 
 

 

[placeholder]

21 minutes ago, Pilotman said:

Utter nonsense. There is a whole world outside that don't give a monkeys about the EU and its delusions of grandeur. 

And most of it far away:

The gravity model of international trade in international economics is a model that, in its traditional form, predicts bilateral trade flows based on the economic sizes and distance between two units. Research shows that there is "overwhelming evidence that trade tends to fall with distance."^[1]

https://en.wikipedia.org/wiki/Gravity_model_of_trade

Even though this model has worked for every nation it's been applied to including the UK, that won't matter now because Brexit is Magic.

 

[Surelynot]

Just now, welovesundaysatspace said:

And what makes you think it gives a monkeys about the UK? 
 

 

Illusions of adequacy....555

[Surelynot]

Just now, placeholder said:

"overwhelming evidence that trade tends to fall with distance."^[1]

Thank god we are so near the Pacific rim......we are.....aren't we?

[placeholder]

12 minutes ago, Surelynot said:

Thank god we are so near the Pacific rim......we are.....aren't we?

Maybe the UK can surf the tectonic plate it's resting all the way there?

[Surelynot]

1 minute ago, placeholder said:

Maybe the UK can surf the tectonic plate it's resting all the way there?

If only there was a major trading block with half a billion consumers right on our door step....one with no trade barriers and one in which we have a say in how it is run....oh well...one can but dream.

[placeholder]

1 minute ago, Surelynot said:

If only there was a major trading block with half a billion consumers right on our door step....one with no trade barriers and one in which we have a say in how it is run....oh well...one can but dream.

But I bet that the UK would have to use that trading bloc's common currency to be a member and be restricted in expenditures as a member of that bloc. It would be too ridiculous for even a fantasy to imagine that would not be the case.

[Venom]

11 hours ago, Credo said:

I fail to see what the advantages of Brexit are.  It seems you have problems with exporting good and importing raw materials.   

 

It was a silly idea.  I suspect it will all end badly for the UK.

 

They need to send a message or other countries may decide to leave. Britain must be punished. How dare they! 

[Surelynot]

2 minutes ago, Venom said:

Britain must be punished

...by complying with the well establish third country trading requirements and complying with a trade deal both sides negotiated and signed......mmmm?