Tag "Brexit"

Brexit: longer wait, more paperwork await the companies

Regardless of the scenario that will eventually occur, Brexit will have a significant impact on logistics and shipping across Europe. The key issue for the FTA is whether or not...

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Small- To Medium-Sized UK Retailers Fear Brexit The Most, Study Finds

More than a quarter of small- to medium-sized UK retailers believe that Brexit remains the biggest challenge to their future survival, despite British Prime Minister Boris Johnson’s efforts to negotiate...

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No-Deal Brexit Could ‘Wipe Out’ Northern Ireland’s Dairy Industry, Warns DCNI

Trade tariffs on raw milk and dairy products will pose a major risk to the dairy industry in Northern Ireland in the event of a no-deal Brexit, the Dairy Council...

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Brexit – Moody’s: the missing British contribution in the EU budget can be replaced

According to the study of Moody’s Investors Service, published in London on Tuesday, it is expected that the best debt-rated member states of the European Union can continue to meet...

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Ireland Prepares For The Worst With No-Deal Brexit Budget

Ireland presented a no-deal Brexit budget for 2020 on Tuesday, pledging a €1.2 billion package to keep firms afloat by allowing the state’s finances to return to deficit if Britain...

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UK Factories Start Stockpiling Again Before New Brexit Deadline: PMI

Some British manufacturers resumed stockpiling in September as they geared up for the latest Brexit deadline due on 31 October, a survey showed on Tuesday. But the pace of contraction...

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British merchants began to stock up Christmas drinks

Traders in the United Kingdom began to stock up on Christmas alcohol stocks earlier this year, as there is still much uncertainty about whether the UK will leave the EU...

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European retail in 2019

A study made by GfK has revealed that purchasing power grew considerably in the European Union in 2018. The engines of this growth were Latvia (+10.3 percent) and the Czech...

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Primark promises not to raise prices

Primark’s parent company AB Foods has pledged not to increase prices despite seeing costs jump due to Brexit. AB Foods finance director John Bason told PA that the company take...

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A Brexit test is being held for freighters on the French-British border

“Brexit test” on freight vehicles takes place in the northern French port city of Calais on the French-British border – French budget minister Gérald Darmanin announced on Friday. The two-month...

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Britons have spent £4bn stockpiling goods in case of no-deal Brexit

One in five people have a Brexit hoard worth £380 and almost a million people have spent more than £1,000. One in five people are already hoarding food, drinks and...

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Export success requires patience and perseverance

The Törley Sparkling Wine Cellar was the venue of the Agóra conference titled ‘Sales without Borders’, organised by KNK PR & Média for the Hungarian Product Nonprofit Kft. Participants were discussing...

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British Chamber Association: investments are falling faster than expected

The British Chamber of Commerce (BCC), worsened its forecast on British economic growth in the next two years, in particular due to the continuing uncertainty surrounding Brexit. According to the...

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Brexit: Restaurant and steel industrial bankruptcies in Great Britain

The restaurant chain of Jamie Oliver, one of the world’s most popular chef and one of the largest British steel company the British Steel is expected to bankrupt. The two...

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Global IPO trends: Q1 2019 | Page 3Global IPO trends: Q1 2019 | Page 3Global IPO marketGlobal IPO momentum slows but Q2 2019 set to rebound

Global IPO trends: Q1 2019 | Page 3Global IPO trends: Q1 2019 | Page 3Global IPO marketGlobal IPO momentum slows but Q2 2019 set to reboundWhile Q1 is usually a...

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London analysts: Easter can bring high retail sales

According to London financial analysts, the UK retail trade is expected to see high traffic on the long Easter weekend and the week after. Long-term forecasts, however, continue to be...

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In case of a Brexit disorder, the EU will immediately restart customs controls

Customs controls on goods coming from the United Kingdom will immediately restart, after which VAT will have to be paid if Great Britain leaves the European Union in an irregular...

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L’Oreal hoards cosmetics in the UK as Brexit is approaching

L’Oréal is stocking up cosmetics in Britain as part of its preparations for Britain leaving the European Union. Although no-deal Brexit wouldn’t have a big impact on the group –...

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Brexit: probability of a disorderly exit has increased and the entire European economy will suffer

Yesterday, the British House of Commons voted against again to abolish the British EU membership agreement, so MEPs can decide on an unsettled exit. According to the Brexit analysis of...

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Dark pages in the forecasts

Economic forecasts by the major research institutes predict that the trade war between the USA and China will continue in 2019. At the same time the European Commission (EC) expects...

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Brexit may cause surprise for online customers

Brexit can also make a big difference for those who order products from the UK via the Internet, as costs and administrative work can increase significantly – Világgazdaság Online wrote....

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Domestic companies are not yet prepared for Brexit

The majority of Hungarian companies find it avoidable for the UK to leave the European Union without an agreement, so it they do not yet prepared for the consequences of...

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Brexit without agreement may bring steep rise in prices and a lack of food

Due to food shortages and sudden high tariffs, there would be a risk of steep price increases if the UK would leave the European Union without agreement during the Brexit...

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British food exports to the EU cannot be guaranteed without agreement

In case of a Brexit without agreement, there would be no full guarantee that Britain could continue to export food to the markets of the European Union – the head...

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Brexit: Tesco finally in talks about storing more goods

Tesco has finally announced plans to stat storing more goods as the March deadline for Brexit is approaching. The UK’s biggest supermarket chain is currently in talks with suppliers about...

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Retail alliance: Brexit without agreement may cause food shortages and price increases

The British Retail Federation (BRC) said it could lead to food shortages and price increases if Britain would exit the European Union without agreement. In a Monday letter from the...

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There would be a major drop in British tourism without agreement in case of Brexit

London’s financial analysts say Britain’s outbound tourism would fall significantly if Britain will leave the European Union without an agreement to regulate Brexit. It would greatly affect the tourism of...

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Tesco and Aldi are getting ready for Brexit

According to Tesco CEO Dave Lewis, opportunities to stockpile food in order to prepare for a no-deal Brexit are ‘very, very limited’. He also said that ensuring supplies of food...

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Brexit: Heineken UK expands warehouse

Heineken has begun to expand warehouses in the UK, because after 29 March, due to the brexit, disturbances may occur in the supply – writes Bloomberg. The decision points to...

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