New delays in the application of border controls in the United Kingdom. Now the British government has decided to re-apply the brakes and ensure that post-Brexit border controls on animal and plant products from the European Union (EU) will be delayed again, amid concerns that the added red tape is increasing inflation.
This has been reported by the British economic newspaper, the Financial Times (FT) rios will have more time to implement the agreements.
The introduction of a post-Brexit border control regime for goods entering the UK from the European bloc has been repeatedly delayed, but UK exports to the EU are already subject to full controls.
According to the same British business newspaper, although the final details of the border plan will be published “very soon”, its implementation will be delayed. “The driving force behind this is the need to reduce inflation, so there will be a delay,” as “there will be additional costs at the border,” a person familiar with the plan told the newspaper.
British year-on-year inflation is at 7.9%, well above the Bank of England’s target of keeping it at 2%, for which reason it has ordered several increases in interest rates.
