º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Economic Development

Welsh firms on Brexit and fears of a no deal exit

As uncertainty rumbles on so too does the disruption to businesses across Wales.

Boris Johnson(Image: Daniel Leal-Olivas/PA Wire)

Will the º£½ÇÊÓÆµ crash of the EU without a deal on October 31st?

Prime Minister Boris Johnson, despite stressing that he wants to negotiate a new agreement with the EU, is determined that we will leave at the end of the month come what may.

But three years on since the referendum vote to leave the EU, businesses are still unclear as to what the º£½ÇÊÓÆµ's future trading arrangements will be with our biggest trading partner globally in the single market.

Here we speak to businesses from across Wales, and drawn from a wide range of sectors, to gauges their views and concerns.

 

Left to right John Westlake and David Lloyd-Williams, directors of Principality Consulting(Image: Martin Williams)

 

David Lloyd-Williams, Principality Consulting, based in Bodelwyddan, said: "Business needs time to plan.

"Business needs to understand exactly what terms they will be trading under to see if it's cost effective to export goods and services.

 

 

"It just isn't possible at the moment when even the politicians don't know what will happen, never mind the smaller business. We need certainty and we need a good deal if we are to leave the EU.

 "Crashing out with no deal will bring massive further uncertainty and will make trading with the EU very expensive in terms of tariffs and also the time needed for the paperwork that we will need to complete."