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 ...
Post no-deal Brexit, forwarders will likely face greater pressure from shippers to transport goods by ro-ro ferries, using HMRC’s simplified customs procedures.
Announced on Tuesday, the Transitional Simplified Procedures (TSPs) match trader numbers against trailers and postpones payment of import duties that would otherwise be required – but only for ro-ro traffic.
Head of multimodal policy at the FTA Alex Veitch told The Loadstar TSP was a “dramatic simplification”, but said that it needed to be expanded.
“The problem here is the TSPs only ...
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