Even the Brexit supporting daily mail is reporting the chaos LINK
There is now a full blown crisis in the UK logistic industry, the paperwork I have been warning of is now strangling UK firms and hauliers with new bureaucracy and procedures. There are insufficient customs agents to deal with the problems, the IT systems are not up to the job and the cost of shipping goods if you can do it is skyrocketing. exports are also arriving late at their destination much later which means food such as fish, meat and vegetables are not as fresh when they finally get to their EU destination. Some trucks are being turned back because part of their shipments do not have the correct paperwork. The Brexiteers lied about reduced bureaucracy the Brexit scam is only going to get worse as traffic volumes pick up towards the end of January it cannot even cope with the reduced volumes of the first two weeks of January. UK business are not in a financial condition to cope with all this extra paperwork and costs many will go bust as a result. The Brexiteers need to be held to account for their lies and deceit to the British people.
Even the Brexit supporting daily mail is reporting the chaos LINK
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While Boris goes around lying about his crappy deal that it creates "no non tariff barriers to trade" in the real world businesses have to cope with many new procedures and piles of paperwork to fill in.. In the attached LINK1 you can see the vast array of new procedures and forms face. There will be over 200 million new customs declarations required costing around £35 each with equates to £7 billion just wasted. Then there is the cost of 50,000 new bureaucrats that will be needed.. The reality will now start to kick in and expect to see some very upset hauliers and businesses before the end of January., Oh and don't forget you risk a £300 fine if you enter Kent without valid paperwork.
Lets just say that Boris last minute cave in which I fully predicted LINK2 has resulted in a very bad deal for the UK since it creates paperwork, bureaucracy and has nothing tangible to say on services.. It removes rights of UK citizens to automatically work and live in the EU, it puts the country at risk by limiting our access to EU databases. It makes the UK far less attractive for domestic and foreign investment. It will lower GDP by 4% by 2020 (in my view this is the minimum fall) and will cost hundreds of thousands of jobs.. Yet clown Boris has the cheek to claim this is all a great success. I like this analysis reported in the Guardian which sums this whole fiasco up brilliantly: In Der Spiegel, Nikolaus Blome said there was “absolutely nothing good about Brexit … which would never have happened had Conservative politicians not, to a quite unprecedented degree, deceived and lied to their people”. Much of the British media, Blome said, “were complicit, constantly trampling on fairness and facts”, leaving Britain “captured by gambling liars, frivolous clowns and their paid cheerleaders. They have destroyed my Europe, to which the UK belonged as much as France or Germany.” But Johnson’s lies were the biggest of all, he said: “‘Take back control,’ Johnson lied to his citizens. But all the British government will finally have achieved is to have taken back control of a little shovel and a little sand castle.” As the Brexit lies unravel in 2021 I expect there to be dawning on many British people that voted for Brexit they were duped. Well I am sorry that they were but sometimes in life you have to learn the hard way. It is as simple as that. In the meantime Happy New Year to all (excluding Boris, Gove, Mees Mogg, Gisela Stuart, Raab ) |
AuthorThe author of this blog is Keith Pilbeam who is currently Professor of International Economics and Finance at City, University of London. Archives
February 2021
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