UK's Cross-Channel Trade Suffers Delays After Brexit

Delays to cross-Channel trade are still worsening almost a year after Brexit checks came in, says a study also highlighting rising costs and key staff shunning the UK, The Independent reported.

Photo Insert: No less than 79 percent of firms trading with France reported hold-ups in the three months to September

No less than 79 percent of firms trading with France reported hold-ups in the three months to September – crucially, 6 percent more than in the second quarter of the year.

The delays are also lengthening, with 42 percent of businesses taking an additional two to three weeks to import goods compared to 28 percent in the April-June period.

Some 82 percent of firms say logistic costs have risen for imports and 43 percent for exports, the survey by the French Chamber of Great Britain found. And 30 percent cut staff “directly as a result of Brexit” – some reporting problems i “attracting European talent to the UK,” following the divorce from the EU.

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