UK businesses rush to relocate to EU amid Brexit red tape
It has been a bleak week in the sunny highlands of sovereign Britain, as the only export that appears to be booming after Brexit is the glut of British companies rushing to settle in the EU.
The government’s botched trade deal left companies with two options: offshoring or the red tape and regulations that will make many businesses unviable.
Antoon Murphy, founder of dog food company Antos, left for Lyon after 10 weeks of calls and emails with “absolutely terrible” government officials, who admitted every order from the EU would now cost him $ 200. £ additional charge. “The trade deal they made over Christmas is very close to no deal,” he said. The Guardian.
Scott Clarke, of the Rex London gift company, sets up a warehouse in Belgium to process EU orders after “we had hundreds of boxes that we tried to send in January, and they all came back. ‘Because customers in Europe refused to pay additional duties and taxes.
The stories keep coming: The Sheffield climbing supplies company which set up a base camp in the Netherlands following “multiple struggles” over documentation and additional costs. The independent label is divesting part of its business in the Republic of Ireland because new charges threaten to drop the cost of an album from £ 20 to £ 42.
There is the Manchester silk company which is setting up a distribution center in France, with the possible loss of a third of its workforce in the UK. Bristol radiator manufacturers are planning to move their manufacturing operations from Bristol to Poland. The classic motorcycle seller who said of his now suspended plan to open a new factory in Devon: ‘The jobs we create will now all go to a new country in the mainland EU where we will have to start a new business . Our only options to survive or thrive are to move the majority of our businesses to the continental EU. “
But what does it matter if a few British companies set up European subsidiaries? Scott said BBC News: “Separating part of our business and sending it to Belgium probably means that more growth is going to happen there. Instead of hiring new employees here, we will employ them there. Instead of doing more. profit and pay more taxes here, we’ll pay it there. Basically everyone loses. “
Meanwhile, Tory MPs who have not hesitated to prevent British companies from doing business in Europe or Britons from working and living in Europe are now complaining that they cannot buy a pint without a Covid passport. Funny old world, isn’t it?
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