Costly import red tape means UK food prices will rise, expert warns
UK food importers are clashing with the government over a threat of inflationary increases to ...
© Lowerkase
Freight operators have welcomed HMRC’s decision to delay implementation of the Transitional Simplified Procedures for customs (TSP) in the event of a no-deal Brexit.
Announced in February, the TSP matches trader numbers against trailers and postpones payment of import duties – but only for ro-ro traffic.
TSP met with a fierce backlash from haulage operators who claimed the arrangements prioritised new applicants for authorisation, and forwarder association Bifa was particularly vocal in its disdain.
It seems this opposition has paid off, today’s announcement ...
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