Small UK businesses are sounding the alarm over Brexit's lingering trade uncertainties, with staffing shortages and export hurdles threatening growth. From hospitality startups to manufacturing giants, firms say a lack of clarity on post-Brexit rules is leaving them stuck in 'planning paralysis.'
Hospitality Sector Strains
'Where will we find cleaners if talent can't come from abroad?' asks Merilee Karr, CEO of London-based UnderTheDoormat. Her home-stay business relies on EU workers for housekeeping—a lifeline now at risk.
Bikes, Batteries, and Brexit Barriers
Meanwhile, Brompton Bicycles is pedaling hard to avoid supply chain disruptions. The foldable bike maker stockpiled £1M in parts and aims to double e-bike production—if Brexit doesn't throw a wrench in their gears. 'Europe is our growth engine,' says exec Stephen Loftus.
With UK-EU trade talks still unresolved, SMEs fear they'll remain stuck in limbo until 2023. Will businesses shift gears or hit the brakes? Stay tuned.
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Small UK firms issue Brexit trade talks warning over staff and exports
cgtn.com