U.K. Only Now Asks Business to Map Supply Chain Ahead of Brexit
- Ministers assessing which sectors at risk from new rules
- Rules of origin threaten to raise cost of exports post-Brexit
Photographer: Chris Ratcliffe/Bloomberg
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The U.K. government has asked business groups to map their supply chains to flag the areas of the economy most at risk if Brexit imposes additional trading costs on exporters, two people familiar with the matter said.
One of the people expressed bafflement that it’s taken so long for the government to ask for the data. It’s just 10 months until the country formally quits the European Union, and Prime Minister Theresa May’s Cabinet -- and indeed her Conservative Party-- is still procrastinating on what kind of customs arrangements to pursue post-divorce.