03-08-2020, 09:52
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#3272
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cf.mega poster
Join Date: Dec 2013
Posts: 15,247
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Re: Brexit-Transitional Period Ends 31/12/20
The FT has some good examples of the new costly red tape being inflicted on small British manufacturers
Quote:
Even without new testing, the basic cost of registering each chemical will be about £5,000, with the additional cost of “letters of access” varying from £33,000 for an emollient used in a face cream, for example, to £150,000 for a shea butter used as a base for sunscreen. In one case a letter of access cost nearly £300,000.
“Our EU competitors are licking their lips, and that is deeply frustrating,” Ms Loughran said of the mounting costs. “We’ve spent 30 years growing from nothing, now all these barriers are being forced upon us.
“It is enormously wasteful and uncompetitive for UK companies like us to have to spend time, money and resources to repeat all of these registrations for no additional benefit to anyone.”
...He added that there were widespread concerns in the industry that the cost of UK registration risked making some chemicals commercially non-viable in the UK market, with knock-on effects for supply chains and UK jobs.
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https://www.ft.com/content/a1c4a5dc-...e-909d4aaf6162
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