Back in 2019, the British government estimated the probable cost of Brexit to British business would be around £7.5 billion. If this figure has since been revised, it has not been released. During 2023, the UK handled a total of 39 million customs declarations.
Between January 2021 and December 2023, food importers paid £54 million pounds for food safety checks (SPS) on inbound consignments. Over the coming months, traders are expected to pay a further £469 million to set up SPS and Safety and Security (SSD) systems.
These are some of the figures published today by the National Audit Office (NAO) along with its findings on the government’s management of the Brexit process so far. It is still too early to talk of Brexit as if it was a completed process. Download the NAO’s findings here, or watch this space for further posts…
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