The Brexit effect on HiFi?

[Jimbo]

When I see how many Lorrys turn up with raw materials for our factory from Europe, which I would say is about 90%, I only hope that they are simply waived off the ferry and not hindered on their journey. We only need one material to get held up and production stops. We had issues a few years back where raw materials were not turning up and I think we were a few weeks away from liquidation!

The knock on effect of none supply of goods is dramatic in terms of costs so not only do we get fined we also don't get paid for products and so the snowball effect gathers pace!

[walpurgis]

The potential effects of the forthcoming departure from the EU are being blow up out of proportion in my view. There are a huge number of European run businesses in the UK and EU businesses that trade all the time with us. They'll kick up an almighty stink if it's not 'business as usual' after our membership ends. I actually think that we won't see much obvious change.

[rdpx]

They'll kick up an almighty stink if it's not 'business as usual' after our membership ends. I actually think that we won't see much obvious change.

It does really make one wonder what all the fuss is about over EU membership if it doesn't make any difference.

[CageyH]

It will make a difference. It is just a question of when it starts.

[Macca]

Stuff coming into UK won't be an issue, if they get a backlog they can just wave it through. Stuff going from here to Europe is where the problems (if any) will lie. Especially if the French decide to be difficult about it. Which they probably will given they have a track record for it even when we were in the EU.

But that seems to be more of a problem for those in the EU waiting on our supplies, not the other way round. Given they ship a lot more in to us than we ship out to them I'd suggest that the problem (in the event of no deal) will be mostly theirs to deal with.

Everyone overlooks the fact that goods coming from China already require customs clearance, and duty and VAT to be paid - and yet the shops are full of Chinese-made goods. Same with Taiwan, Malaysia, Japan, Indonesia....

As someone who works in import/export logistics it's my opinion that it's a storm in a teacup. Would also note that neither I nor any of my colleagues have had any of the business we deal with raise any issues at all with us about what is going to happen post Brexit. It just isn't a serious concern.

[Marco]

It just isn't a serious concern.

It is, old boy, when one's stocks of burgundy and claret are running dangerously low. The very thought of boeuf bourguignon, without Nuits-Saint-Georges, borders on savagery.

Marco.

[Edward]

It is, old boy, when one's stocks of burgundy and claret are running dangerously low.

Marco.

Why is that a concern Marco? The UK govt have said they will not impose anything in the case of no deal and I doubt the French govt will impose restrictions on their exports to the UK.

[Marco]

What Robert said earlier, if implemented, would be a major issue:

You should bear in mind that as well as any extra costs involved due to tariffs and the weak pound we might also have to contend with the old GOODS TO DECLARE lane at customs.

If limits are to be the same as they are currently for entry from non-EU countries that would limit you and Del to 4 litres of wine each, which is just 10.6 bottles.

We usually bring back about five times that amount, especially if visiting some vineyards, en-route!

Marco.

[Edward]

Oh dear, yes that would be a problem.

[Marco]

Indeed, old chap - it would jolly well be a travesty.

Marco.