The cost of regulatory compliance for operators that specialise in chemical distribution will continue to rise, as Brexit will not be able to offer any significant regulation changes in the sector, according to the Chemical Business Association (CBA). A survey of CBA members found that almost four-fifths (79%) did not expect the industry’s regulatory framework to change significantly as the result of Brexit. CBA’s Chief Executive, Peter Newport said that members “do not believe that Brexit will deliver any significant […]
Fuel duty will be frozen for the next 12 months, revealed Chancellor George Osborne in today’s Budget 2014, despite industry calls for a much-needed reduction.
Pall-Ex has said it is “saddened” by the UK’s decision to leave the European Union and reiterated its warning that the forthcoming Brexit will “deeply” affect the supply chain.
The Institute of Directors (IoD) has said a customs frontier is inevitable once Britain leaves the EU.