Brexit will increase food supply chain costs, warn business groups

More red tape after the EU trade deal will raise food and manufacturing costs, business groups tell MPs. …

“For them it’s about just in time delivery, so any kind of customs paperwork, rules of origin calculations, for them is very difficult. They’re operating on lower [profit] margins, so they’re operating typically on a 4% margin, so as soon as you start adding this bureaucracy into it, it adds up.”


Leave a Reply

Your email address will not be published. Required fields are marked *