UK warehousing space will be under acute pressure if UK adopts WTO rules after Brexit, expert warns


 

The availability of UK warehousing stock could come under increased pressure should the UK default to WTO rules in the wake of failed Brexit negotiations. Just-in-time supply chains, particularly for automotive spare parts – including trucks and vans – would seek to mitigate import delays and trade tariffs of between 2.5% and 4.5% on individual items by keeping more stock in the UK. Parts ranging from truck tyres to brake pads would all be affected under WTO rules and suppliers […]