Happy New Year
While the rest of us are waking up to a New Year, the British economy is waking up to yet more expense and red tape. This time on imports from the EU.
The reason they are only starting now is that the British government, despite 5 years warning, wasn’t ready for Brexit.
The red tape will be needed for every shipment and van and later this year will also cover all food and drink and agricultural imports; a huge and pointless burden.
Big firms will plough through, small firms will in many cases stop bothering to trade with the EU. But even big firms are going to have to work out their rules of origin.
Basically you can’t import an axe handle and an axe head, put them together in a small shed in the UK, put a Union Jack sticker on and call it British.
There are numerous rules on what is allowed, covering endless products.
Pointless, aimless, expensive red tape.
Brought to you by the people who sold Brexit as a way to cut red tape.
Economics, trade and Brexit, not necessarily in that order but the dog always comes first.