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Home UK’s small businesses struggle with Brexit red tape UK’s small businesses struggle with Brexit red tape Many companies forced to shift operations to EU or risk sliding profits and lost sales World Economy News 28 Jan 2021 • 4 min read Britain’s small businesses warn profits are being wiped out and operations forced to move to Europe as they struggle to deal with the red tape and costs of trading with the EU after Brexit. A month after the UK left the EU’s single market and customs union, British SMEs are still working out whether they can afford to maintain once-thriving export businesses with the bloc. For those which decide to continue, it is often at the cost of jobs in the UK as they move operations across the channel. ....