{"id":11337,"date":"2022-02-09T14:59:08","date_gmt":"2022-02-09T14:59:08","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=11337"},"modified":"2022-02-09T14:59:08","modified_gmt":"2022-02-09T14:59:08","slug":"brexit-increasing-business-costs-affecting-trade-flow-uk","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/02\/09\/brexit-increasing-business-costs-affecting-trade-flow-uk\/","title":{"rendered":"Brexit increasing business costs, affecting trade flow \u2013 UK"},"content":{"rendered":"<p dir=\"ltr\">UK Parliament\u2019s Public Accounts Committee on Wednesday said that the new controls in place over the movements of goods created additional costs for businesses and affected international trade flow.<\/p>\n<p dir=\"ltr\">This followed the UK\u2019s total withdrawal from the <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2021\/12\/10\/40000-people-from-afghanistan-to-be-taken-into-european-countries-eu\/\">European Union<\/a> in 2021.<\/p>\n<p dir=\"ltr\">In a report, committee chair Meg Hillier was quoted as saying \u201cone of the great promises of Brexit was freeing British businesses to give them the headroom to maximise their productivity and contribution to the economy.<\/p>\n<p dir=\"ltr\">\u201cYet the only detectable impact so far is increased costs, paperwork and border delays.\u2019\u2019<\/p>\n<p dir=\"ltr\">The United Kingdom left the EU on Jan. 31, 2020, completing a three-and-a-half-year process that began with the 2016 Brexit referendum, and retaining many of the regional bloc\u2019s laws.<\/p>\n<p dir=\"ltr\">On Dec. 31, 2020, the 11-month transition period ended and new requirements for passengers and for moving goods across the border came into force, while others were due to be phased in 2022.<\/p>\n<p dir=\"ltr\">According to the parliamentary committee, much remains to be done to ensure that traders and haulers across the 27 EU member states are ready as the controls are phased in.<\/p>\n<p dir=\"ltr\">\n","protected":false},"excerpt":{"rendered":"<p>UK Parliament\u2019s Public Accounts Committee on Wednesday said that the new controls in place over the movements of goods created additional costs for businesses and affected international trade flow. This followed the UK\u2019s total withdrawal from the European Union in 2021. In a report, committee chair Meg Hillier was quoted as saying \u201cone of the [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":11376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[238],"tags":[3086],"class_list":["post-11337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreign","tag-brexit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Brexit increasing business costs, affecting trade flow \u2013 UK &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/02\/09\/brexit-increasing-business-costs-affecting-trade-flow-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brexit increasing business costs, affecting trade flow \u2013 UK\" \/>\n<meta property=\"og:description\" content=\"UK Parliament\u2019s Public Accounts Committee on Wednesday said that the new controls in place over the movements of goods created additional costs for businesses and affected international trade flow. This followed the UK\u2019s total withdrawal from the European Union in 2021. In a report, committee chair Meg Hillier was quoted as saying \u201cone of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/02\/09\/brexit-increasing-business-costs-affecting-trade-flow-uk\/\" \/>\n<meta property=\"og:site_name\" content=\"BROAD NEWS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-09T14:59:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/wp-content\/uploads\/sites\/11\/images-2022-02-09T155548.269.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"759\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Caleb Ijioma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Caleb Ijioma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/\"},\"author\":{\"name\":\"Caleb Ijioma\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#\\\/schema\\\/person\\\/4292f97d881ddced6dd70acdf5189fe8\"},\"headline\":\"Brexit increasing business costs, affecting trade flow \u2013 UK\",\"datePublished\":\"2022-02-09T14:59:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/\"},\"wordCount\":186,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/wp-content\\\/uploads\\\/sites\\\/11\\\/images-2022-02-09T155548.269.jpeg\",\"keywords\":[\"Brexit\"],\"articleSection\":[\"Foreign\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/02\\\/09\\\/brexit-increasing-business-costs-affecting-trade-flow-uk\\\/\",\"name\":\"Brexit increasing business costs, affecting trade flow \u2013 UK &#187; 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