These are the Brexit trading challenges faced by Wakefield businesses according to the city's chamber of commerce

A new report from the Mid Yorkshire Chamber of Commerce highlights significant challenges continuing to face firms 100 days on from Brexit as they struggle to adjust to new trading arrangements.

Thursday, 22nd April 2021, 1:54 pm
Wakefield city centre

The chamber has published its findings on the effects of Brexit on Wakefield firms.

Following the end of the transition period on December 31, 2020, firms had to quickly adjust and prepare for new trade procedures.

Forty per cent of manufacturers and 31 per cent of service firms have incurred higher costs as a result of new trading conditions.

Sixty per cent of manufacturers and 41 per cent service firms have experienced difficulties with exporting since the end of transition.Fifty-two per cent of manufacturers and 37 per cent of service firms have experienced issues with changes to transportation costs.

Martin Hathaway, managing director of the chamber said: “The delay in finalising a Brexit deal led to a downturn in confidence, as many businesses took an exporting holiday in order to give the new procedures a chance to settle.”

The chamber of commerce has been supporting businesses in the Halifax, Huddersfield and Wakefield districts for 165 years.