But for others, the shift from a distributor model to importer/exporter has been a challenge. This hasn't been helped by certain IT system not working as planned.
1/ Quick thread. At the end of the third week of Brexit being "done", I can only say that I'm exhausted.
Immediate pressures on companies who have been trading goods have been on grappling with all of the new customs and regulatory requirements.

But for others, the shift from a distributor model to importer/exporter has been a challenge. This hasn't been helped by certain IT system not working as planned.
Some are, but many others aren't.
Worth noting that freight volumes are still below average. But stockpiles are running low, coming weeks are going to be interesting.
First, many businesses are facing the largest shift in their cost base in a generation.
This is something that is going to be something that will continue to play and play in the weeks and months ahead.
For many, the answer will be no. So what do they do as a result?

The other (worse) possibility is to stop trading.
https://t.co/IMDCu9g2mK
Supply chains are going to shift as a result and is deeply complex.
But that's just one example
Absolutely not.
One such example: due to the pandemic, business travel isn't happening. All the changes that are coming down the line in the activities which individuals can carry out while in the EU has changed.
More from Brexit
So. The hunt is on in Whitehall for #brexit dividends...to show some clear value in the freedoms given by Brexit.
As we report today one area being looked at is workers' rights...but it is politically difficult territory.
No cabinet decisions have been taken, but per sources, three potential areas been identified in Business Dept...
- the 48 Hour Week
- holiday pay/overtime calculations
- new EU rules on reporting hours worked...
All potentially possible post #brexit /2
The government says it has no intention of “lowering” workers’ rights....and notes that UK has actually gold-plated many EU regulations...BUT (think of government saying it won't "lower" animal welfare standards)...the devil will all be in the detail, if and when it comes /3
So the government likes to talk about ensuring workers’ rights are protected but ALSO making sure businesses has freedoms and flexibility to grow...so one man's reduction in rights is another freedom to get richer/work harder/be more prosperous. It depends how you sell it. /4
So take this 2017 story from The Sun on the cash bonanza that will be rained down on hardworking families by Brexiteers' (long standing) desire to scrap the 48-hour week. Overtime booooom..../5
https://t.co/QLqQ7rCzkv
As we report today one area being looked at is workers' rights...but it is politically difficult territory.
No cabinet decisions have been taken, but per sources, three potential areas been identified in Business Dept...
- the 48 Hour Week
- holiday pay/overtime calculations
- new EU rules on reporting hours worked...
All potentially possible post #brexit /2
The government says it has no intention of “lowering” workers’ rights....and notes that UK has actually gold-plated many EU regulations...BUT (think of government saying it won't "lower" animal welfare standards)...the devil will all be in the detail, if and when it comes /3
So the government likes to talk about ensuring workers’ rights are protected but ALSO making sure businesses has freedoms and flexibility to grow...so one man's reduction in rights is another freedom to get richer/work harder/be more prosperous. It depends how you sell it. /4
So take this 2017 story from The Sun on the cash bonanza that will be rained down on hardworking families by Brexiteers' (long standing) desire to scrap the 48-hour week. Overtime booooom..../5
https://t.co/QLqQ7rCzkv
