EU firms warn of deserting UK suppliers after Brexit

EU firms warn of deserting UK suppliers after Brexit
 

British exporters have been put on notice that they could lose billions of pounds worth of business after almost two-thirds of EU businesses who work with UK suppliers warned they expect to use more firms inside the single market after Brexit.
The Chartered Institute of Procurement & Supply (CIPS) said 63% of the EU companies surveyed last month said they planned to move some of their supply chain out of the UK as a result of the decision to leave the single market and customs union. The results represent a large increase on a survey in May, when 44% of EU businesses said they were... read more

 
11 March 2018 in Politics, Views: 79
Source: Guardian
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