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UK firms told set up in EU to avoid trade issues

UK firms told set up in EU to avoid trade issues © Simon Spurrell Simon Spurrell (C) from the Cheshire Cheese Company says he was advised to set up an EU hub UK firms that export to the EU say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules. Firms have been hit by extra charges, taxes and paperwork, leading some stop exporting to the EU altogether. But several say they have been told that setting up hubs in Europe would minimise the disruption, even if it means moving investment out of the UK.

UK firms told set up in EU to avoid trade disruption

BBC News By Daniel Thomas image copyrightSimon Spurrell image captionSimon Spurrell (C) from the Cheshire Cheese Company says he was advised to set up an EU hub UK firms that export to the EU say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules. Firms have been hit by extra charges, taxes and paperwork, leading some to stop exporting to the EU altogether. But several say they have been told that setting up hubs in Europe would minimise the disruption, even if it means moving investment out of the UK.

UK advising firms to set up hubs in EU to avoid trade disruption

UK firms that export to the EU told to set up hubs in Europe to avoid post-Brexit trade disruption

Bosses of firms claim they have been advised to set up subsidiaries in Europe  One company chief told BBC he needed £140 certificate to export £30 gift box He claims UK food officials said best option was to set-up an EU packaging firm Fashion firm boss told BBC she was advised to link up with German warehouse Department for International Trade says such advice is not Government policy  

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