UK IMPORTERS UNPREPARED FOR CUSTOMS CHANGES POST-BREXIT

Lloyds Loading List on 30th April reported that more than a third of UK traders rely on the just-in-time delivery of material and components, study finds, but many are not yet preparing for new border procedures.  New research from the British Chambers of Commerce, in partnership with the Port of Dover, based on the responses of over 835 businesses from across the UK that export or import, finds that over a third (36%) of UK traders rely on the just-in-time delivery of material and components, but that many are not preparing for changes to customs procedures after Brexit.  The survey found that delays at UK or EU ports would lead to considerable business disruption, particularly for those operating a just-in-time model.

https://www.lloydsloadinglist.com/freight-directory/news/UK-importers-unprepared-for-customs-changes-post-Brexit/71832.htm#.Wudr20xFzIU

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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