EU referendum, brexit and the aftermath

M&S Closing most French stores:

https://www.bbc.co.uk/news/business-58582860

Retailers have been dealing with stock shortages and stock being held up at borders post-Brexit, as well as a chronic shortage of drivers, which hauliers have said is in part due to Brexit.

Businesses are faced with costs, either through having to pay for warehouses in EU countries and having cash tied up in stock, through wastage if products with a short shelf life are held up at borders, or through gaps on shelves due to supply chain problems.

"The outlook remains bleak on this front, with the deal signed by UK government tying this country to checks and delays at the borders," Mr Dresser said, adding that this was "baffling" as "we have voted to take back control".