‘Brexit bogging down businesses’
The Hindu
Britain’s trade with the European Union has been dented by Brexit, with businesses facing greater costs, paperwork and border delays since the U.K.’s full withdrawal, a watchdog panel of MPs said Wedn
Britain’s trade with the European Union has been dented by Brexit, with businesses facing greater costs, paperwork and border delays since the U.K.’s full withdrawal, a watchdog panel of MPs said Wednesday.
A report by the cross-party Public Accounts Committee found that although it was difficult to disentangle the effects of the pandemic from those of Brexit, “it was clear that EU exit has had an impact”.
It concluded the “only detectable impact” of the U.K. withdrawal from the EU’s single market and customs union at the start of last year was increased burdens on businesses.