Brexit: A year later, the economic effects can be seen Huge drop in sales
Written byTimes Magazine
Disappointing. Terrifying. Big slump in sales: committee comments on Brexit. A dozen soft business owners appear on my screen, from chemicals to financial services to airlines, catering and small gift boxes.
After being shown data from a British Chamber of Commerce study on the impact of the first year of Brexit, I asked to speak to some of them to find out more.
The owners of the companies I spoke to reflect on various aspects of the realities of the trading year beyond the single market and customs unions. It was a challenge: "Disappointing. Terrible. Huge drop in sales. Uncompetitive in Europe."
When I explained to them what the Ministers had personally suggested that some parts of the British economy should be as well prepared as the big companies were best prepared, it became a little annoying.
"I find it amazing that we've been told to get used to it," said Adrian Hanrahan of Robinson's Chemicals, which is working on a new set of UK regulations that will completely duplicate EU requirements.
Karen Lowen says shipping gift boxes to the US and Australia is cheaper for her than to Europe.
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