Been deferring UK import declarations? Don’t sleepwalk over the edge!

Posted by Ragnar Agnell on Jun 3, 2021 11:27:06 PM

On 25th June companies which have opted to defer their UK import declarations will need to start dealing with the consequences. 25th June marks the first of a series of dates when the UK will tighten its border controls. Will there be chaos or barely a ripple? What happens at the end of June could give us a window to the future.

Tags: Digital_Transformation Digital Value Chain Innovation Brexit Centigo_UK Sustainable Growth Digitization Corona Sourcing Supply_chains COVID-19 Working_Capital Sustainability Transformation

Post Brexit - inefficiencies of supply chains

Posted by Ragnar Agnell on May 5, 2021 3:29:45 PM

The most recent figures from the UK Office for National Statistics[1] made grim reading. Imports from the EU to the UK, having fallen by almost 30% in January, showed only an anaemic recovery of 7% in February. At first glance, it appears that exports from the UK to the EU had fared better, with a good proportion of January’s loss returning in February. Looking under the surface, however, shows that most of this recovery was due to two sectors – machinery and transport equipment (incl. cars) and chemicals (incl. vaccine ingredients). This indicates that the impact of Brexit on trade volumes is likely to be persistent.

Tags: Digital_Transformation Digital Value Chain Innovation Brexit Centigo_UK Sustainable Growth Digitization Corona Sourcing Supply_chains COVID-19 Working_Capital Sustainability Transformation