The British government has issued advice to companies on handling customs and trade arrangements with the EU once current arrangements end from the start of 2021. There’s also significant new investments in customs facilities to be made, likely to handle the event that there are no new preferential trade relations with the EU. Firms are reportedly ready to start stockpiling later in the year including firms ranging from Volkswagen’s Bentley to industrial suppliers including Electrocomponents. That process hasn’t started yet with imports from the EU having fallen by 35.2% year over year i...
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