PennWhite Brexit Update: November 2019

As you were everyone.

31st October 2019 has come and gone and the UK is still a member of the European Union. Not a very popular member, but a member none the less. We're now expected to leave on, or maybe before, 31st January 2020. So, only three months to go until our economy starts to stagnate and our standing in the world is diminished. Or, until the sunlit uplands suddenly appear before us, depending on your point of view. Here's our latest Brexit statement.

 

PennWhite Brexit Update. February 2019

A deal, no-deal, delayed-exit, no-exit; As UK and EU leaders play political brinksmanship with all our futures and teeter on the edge of political infamy, we still don't know what, if anything, will happen at the end of next month. Here's our latest take on how we'll handle the worst case scenario.

 

PennWhite Brexit Update. January 2019

Some "encouraging" news from the Government; in the event of a no-deal Brexit, UK RoRo ports will "wave through" trucks from EU27 countries to minimise import delays for at least three months. This reduces the likleyhood of raw material delays on the UK side of the process but it remains unlcear if EU27 ports will operate a similar fast-track system or insist on a full customs inspection for goods entering the UK.

 

 

PennWhite No-Deal Brexit

Over the last few weeks the possibility of a no-deal Brexit has increased. We've reviewed and adapted our Brexit preparations accordingly, please take a look at our latest Brexit Statement for details.

PennWhite In China. Again

Following up on the launch of our China website a few months ago, PennWhite directors Stephen Whitehead (below middle) and Dr Mark Humphries (below right) have spent the week in China visiting our partners in the southern part of the country. This is PennWhite's second trip this year and we'll be back over there early in 2019 to help promote our products in this vast market.

 Stephen and Mark are now on the second leg of their journey home. It's 17 hours in the air, but don't feel too bad for them, they got to turn left at the aircraft door.

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PennWhite Brexit Update

It's Halloween, the "scariest" day of the year, so what better time to issue our latest Brexit Statement

According to the UK Government's own figures, whatever shape brexit takes, the impact on  UK GDP will be negative, ranging from a fall of 1.5% in the event of a soft Brexit to a fall of 8% in the event of no-deal. 

It's still unlcear if the UK will be facing a trick or treat on 29th March next year, so we've continued to prepare for the worst-case scenario, although what exactly that will be seems to change every week. Our revised statement outlines PennWhite's latest efforts to mitigate the impact on our supply chain of a no-deal Brexit.