The exit from the EU has increased bureaucracy in trade
Brexit entails high costs – The advertising posters used during the Brexit campaign attracted millions of people who believed that leaving the EU would mean an economic recovery was almost certain. As reports over the past year show, the UK economy is still struggling to emerge stronger from Brexit. So far it can be stated in black and white that the economy has been struggling with several negative factors since the exit.
This includes the legal situation between Great Britain and the EU that is not 100% clear, increased bureaucracy and the emigration of foreign nationals. The promised era of upswing and economic prosperity was therefore still a long time coming in 2021. This situation was exacerbated by the pandemic, which once again clearly showed the limits of the British health care system.
Not only drivers are missing in Great Britain
Empty supermarket shelves and queues at petrol stations are images that have reached a certain degree of normality in Britain since last autumn.
The delayed import of goods from other countries fails not only because of the new customs regulations. Thousands of motorists have either left the country or no longer drive to the island due to the difficult entry.
Finding a replacement in your own country is also difficult, as driving is not one of the UK’s dream jobs. A few days ago, the culling of healthy pigs made headlines.
The lack of staff is also clearly felt in the slaughterhouses, so that up to 35,000 animals were killed as a result of this lack of workers. The existing workers could no longer meet the demand.
Other countries are looking for alternatives
So far, the German economy has been relatively unimpressed by the consequences of Brexit. German companies seem increasingly willing to break off previous trade relationships and consider alternatives. In trade relations with Germany, a decline of 4.6% compared to the previous year was recorded. This number is also a sign of the uncertainties associated with the to date Brexit are connected.
Delayed supply chains and waiting times due to a lack of staff are factors that hardly any company wants to list in the internal risk assessment of a business partner. With the current figures and forecasts at the latest, British companies must work towards developing their own concepts to make trade with Great Britain more attractive again.
We stay on the ball for you. Berlinmorning.
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