RELEASE: Research Reveals Majority of UK Firms Feeling Brexit Bite

The SNP has criticised the UK government over its damaging Brexit deal, after new research revealed that three-quarters of UK firms are struggling with Brexit bureaucracy and delays.

In a survey of more than 200 leading industrial companies, 74% said they are facing Brexit-related delays. Meanwhile, over half (51%) have said this has led to increased costs, and one in five are losing potential business.

Commenting, the SNP’s Shadow International Trade spokesperson Drew Hendry MP said:

“Barely a few months into the UK’s new post-Brexit trading relationship and already the damage being inflicted upon businesses is clear.

“With three-quarters of surveyed firms warning that Brexit bureaucracy and checks are leading to delays, and over half stating that they are now facing extra costs, it is businesses that are being forced to pay the heavy price for the Tories’ bad Brexit deal.

“Time and time again, analysis has shown that Brexit will leave us poorer and worse off – with firms facing Brexit red tape, checks and delays, and a significant number of them looking to bail from Britain and set up shop in the EU instead.

“Scotland can do so much better. It’s clear beyond any doubt that the only way to properly protect our businesses, economy and place in Europe, is to become an independent country – and that starts with both votes SNP in the upcoming Holyrood elections in May.”

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