Customs duties rose to record £2.2bn in first six months since trade deal came into effect on 1 January The trade barriers that made the import of Marks & Spencer's Percy Pig sweets one of the first casualties of Brexit has added an extra £600m in costs to British importers since January, it has emerged. Customs duties paid by UK businesses shot up from £1.6bn in the first half last year to a record £2.2bn in the same period this year, according to an analysis of HMRC data.
Brexit trade barriers added £600m in costs to UK importers this year
The Guardian - 13 Sep 2021 01:01
Customs duties rose to record £2.2bn in first six months since trade deal came into effect on 1 January The trade barriers that made the import of Marks & Spencer's Percy Pig sweets one of the first casualties of Brexit has added an extra £600m in costs to British importers since January, it has emerged. Customs duties paid by UK businesses shot up from £1.6bn in the first half last year to a record £2.2bn in the same period this year, according to an analysis of HMRC data.
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