U.K. Companies Say Brexit Paperwork Is Biggest Headache
- Customs forms cause more issues than transport or port delays
- New regulations coming by July will add to border friction
A policeman checks a drivers paperwork at the Port of Dover Ltd. on Jan. 5.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
British companies say new customs forms required following Brexit are the biggest hurdle to trading with the rest of the world, official data show.
About 38% of exporters and 39% of importers identified form-filling as their main hurdle, according to a survey conducted by the Office for National Statistics. While half of exporters reported no difficulties trading internationally, the concerns on paperwork exceeded those about disruption at U.K. borders and transportation costs.