Trucks crossing the English Channel could face delays in the event of a no-deal Brexit, economists say. Photo: Gareth Fuller/Associated Press 0 Comments By Nina Trentmann March 11, 2019 12:01 a.m. ET
If that happens, about 20% of EU companies with suppliers in the U.K. would ask for discounts on their orders, according to a CIPS survey released Monday. Eleven percent of U.K. exporters expect their contracts to be canceled by European clients in the event of delays. And one-quarter of European companies would postpone paying their U.K. suppliers until after the goods arrive, potentially causing a cash-flow problem for many British companies, CIPS said.
Should delays at the border extend to two or three weeks, 60% of EU businesses would seek to switch suppliers and end contracts with U.K. companies ahead of time, CIPS said. But only 44% of U.K. businesses said they would be able to switch to alternative suppliers outside the EU if there was a two- or three-week-long delay in importing goods into the U.K.
LOL (a propaganda msg brought to you buy The Globalists at the Council on Foreign Relations)
All of this has already proven false. ProjectFear
Why should they have a cash-flow problem? Lots of countries like Russia and China are out of Europe and don't have cash-flow problem
if only someone had told the UK.
The Wall Street Journal - they missed Trump. So trust them ...
More fake news!!!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
For business, no-deal Brexit has already hitThree weeks before Brexit day, the costs of no-deal are mounting by the day. The combination of Murdoch's Disease and corporate neoliberal globalism have ruined the governments of Australia, the USA and Britain, by destroying the informed electorate and stripping the people of their ability to solve the nation's pressing problems.
Source: politico - 🏆 381. / 59 Read more »
Labour Party could agree Brexit deal in weeks - finance chief McDonnellBritain's opposition Labour Party could agree an alternative Brexit deal wi... Yup jeremycorbyn wants Brexit and theresa_may doesn’t! Absolutely stupid mess! IloveEU He's unironically a communist in 2019. And Glenn Miller will appear alive and well.
Source: Reuters - 🏆 2. / 97 Read more »
UK Labour Party could agree Brexit deal in weeks - finance chief McDonnellBritain's opposition Labour Party could agree an alternative Brexit deal wi... 199 weeks perhaps 😂😂😂 only if it means remaining... BlatheringIdiots A capitulation he means!
Source: Reuters - 🏆 2. / 97 Read more »
UK Labour Party could agree Brexit deal in weeks: finance chief McDonnellBritain's opposition Labour Party could agree an alternative Brexit deal wi... 😂😂😂😂😱 He’s a 🤡
Source: Reuters - 🏆 2. / 97 Read more »
'Brexit in peril' as May faces heavy defeatBrexit could be reversed if lawmakers reject the government's exit deal, Br... elect corbyn
Source: Reuters - 🏆 2. / 97 Read more »
'Brexit in peril' as PM May faces heavy defeatBrexit could be reversed if lawmakers reject the government's exit deal, Br... AFP 泛亚 China's yunnan province government established FanYa. For five years. $6.5 billion fraud people Nope it isn’t but good try 👍🏼 Brexit 📣 is not TMay private affairs 📡
Source: Reuters - 🏆 2. / 97 Read more »
'Brexit in peril' as PM May faces heavy defeatBrexit could be reversed if lawmakers reject the government's exit deal, Fo... AFP 泛亚 China's yunnan province government established FanYa. For five years. $6.5 billion fraud people
Source: Reuters - 🏆 2. / 97 Read more »
Eurostar rail chaos as French customs staff stage no-deal Brexit checksTrain services between Paris and London suffered long delays on Wednesday as Fre... It is not a no Brexit check. it is just the french being the arseholes they are. It happens all the time. Any excuse for them to do it. We are used to it. Good for them many Brits still think this will have little or no impact on their daily lives despite all the warnings.
Source: Reuters - 🏆 2. / 97 Read more »
EU says 'difficult' Brexit talks unlikely to yield swift dealTalks with Britain on amending its divorce deal with the European Union have mad... EU have made it difficult nye impossible to punish the British for daring to want to leave! They are trying to manipulate an extension and doing it as though they think we are all fecking idiots'
Source: Reuters - 🏆 2. / 97 Read more »
UK lawmakers demand clarity on tariffs in case of no-deal BrexitBritain's government should urgently unveil its plans for tariffs in the ca... Why are they asking Theresa May for clarity? She doesn't do clarity ! Reality has followed the predictions before the vote that the UK wouldn't even get the same trade terms the EU has negotiated with other countries. Off to write an app tracking down the nearest meaty Tory for May's Plan-C for Cannibalism.
Source: Reuters - 🏆 2. / 97 Read more »
UK reaches 'basic agreement' on no-deal Brexit tariffs, tough choices remainBritain's government has reached a general agreement on import tariffs if i... The beauty of the language 'agreement of the no-deal'
Source: Reuters - 🏆 2. / 97 Read more »