You're viewing 1 of 2 articles as an unregistered user

You’ll need to register to read UNLIMITED articles. Already registered?

Please Login OR Register

No need for dis-May

With the UK election ending in a hung parliament, the international delivery experts, ParcelHero, say the result is potentially an unexpectedly good one for the UK’s export and logistics businesses

Linked In Twitter Facebook

While many businesses will be dismayed by the uncertainty caused by a hung parliament, ParcelHero says the result could in fact be remarkably good news for exporters and international freight transport companies.

ParcelHero’s Head of Consumer Research, David Jinks MILT says: ‘ParcelHero has serious concerns over the potential impact of tariffs and Custom’s red tape following a so called ‘Hard Brexit’. A strong win would have strengthened Theresa May’s hand in Brexit negotiations; but that could have resulted in a tougher Brexit deal. Remember her manifesto stated that ‘no deal is better than a bad deal’ - potentially alarming for UK transport companies and exporters.

‘May will now form an alliance with the DUP in order for the Conservatives to remain in office; but there will be an increased need for consensus with other parties - and both the Labour Party and Lib-Dems are in favour of a softer Brexit.

‘Our industry had been looking at a likely scenario of a Brexit deal that involved the UK leaving the Single Market; inevitably leading to new tariffs and Customs delays. However, Labour and the Conservatives oppose leaving the Single Market. That means the odds are that we will now get a Brexit deal that is considerably softer-boiled than it would have been, in order for it to pass the promised vote for MPs at the end of the negotiations.

‘In further good news for exporters the result has again weakened the pound; which makes UK products increasingly affordable overseas.’

Linked In Twitter Facebook

Top stories

BREAKING: Statement from Alfred Angelo

BREAKING: Statement from Alfred Angelo

It’s a difficult time for the bridal industry as we hear news of Alfred Angelo’s closure. We’ve put ...
Starting or enhancing a bridal business

Starting or enhancing a bridal business

Bridal Industry Consultant Jane Watson wrote the article ‘Setting up shop’. This article has been ...
Mon Cheri Bridals Appears in OK! Magazine Twice in One Week

Mon Cheri Bridals Appears in OK! Magazine Twice in One Week

Mon Cheri Bridals had two lots of celebrity endorsement this week as they appeared in OK! Magazine ...
Greenwoods Goes Into Administration

Greenwoods Goes Into Administration

The menswear chain had administrators go in this morning, affecting 80 stores across the UK
My Opinion: Why I'm Banning Photography in My Boutique and Think You Should Too

My Opinion: Why I'm Banning Photography in My Boutique and Think You Should Too

The manager of Rose’s Bridal in Bedford explains why she thinks it’s time for all boutiques to ban ...
FIND US ON
Twitter
Facebook
Instagram
© 2017 Bridal Buyer • bridalbuyer@oceanmedia.co.uk • 020 7772 8317 • © Ocean Media Group Ltd