Disruption to supply chains, labour availability and tariff costs were found to be the biggest worries of a third of Britain’s biggest retailers if the Government cannot secure a Brexit deal, according to new research by consultancy Retail Economics and law firm Squire Patton Boggs.
Worryingly, several huge retailers surveyed, which together employ tens of thousands of people, said they had done little or “felt very underprepared” in the event of the UK exiting the EU without a deal. Overall, the survey of 26 retailers, which had a combined turnover last year of £100 billion, found that a third had few plans to cope with a no-deal scenario. What’s more, almost all of the retailers who took part in the research said they had not been directly consulted about Brexit by the Government.
What does this mean?
To help retailers cope with the labour issues that a deal or no-deal Brexit brings, TempRocket offers quick and easy access to temporary staff to prevent employee shortages at peak times like the festive season.
Read more at https://www.huffingtonpost.co.uk/entry/third-of-britains-biggest-retailers-admit-theyve-no-plans-for-a-hard-brexit_uk_5bfe8077e4b0d23c21385ebd?guccounter=1&guce_referrer_us=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvLnVrLw&guce_referrer_cs=4k1AclyezLuK6-xVfFkfYQ