FELIXSTOWE, England (Reuters) -

In just one month of post-Brexit trading, British logistics expert Jon Swallow has seen exports dive, prices rise and customers so desperate that he is practically offering a counselling service.

"It is day eight in a depot in Lymm just outside Warrington, Cheshire and a lorry carrying frozen carrots and mixed herbs is still waiting for clearance to board a ferry from Birkenhead to Belfast".
"because the paperwork for a single pallet of carrots is missing key information"

**Guardian Report**

Hundreds of miles away in Lisburn in Northern Ireland, the haulage firm’s operations team have had no luck in persuading the British supplier that the carrots that were ordered on 27 December are now, in the third week in January, classed as an export

and must be accompanied by a litany of documents and certificates before the trailer can be cleared to board the ferry at Birkenhead.
Another supplier on the lorry had been struggling with the documentation requiring it to supply what is known as an “Incoterms”, which determines

who pays the duty in any tariff but also establishes a specific record as to who is the importer. But that was resolved on day seven.
Then there was also the supplier who had provided a commodity code that was two digits short. A simple key stroke mistake could be difference

between the lorry getting the red or the green light for entry to NI.
“It took half a day yesterday for me to clear the supply chain. I’ve got one more issue to go,” says the visibly stressed operations man simultaneously dealing with a sheaf of about 30 documents for

Public notice from Hannants: UK's biggest model kit & accessories supplier

"There are still problems with sending parcels to the EU. To date only 3 parcels we sent have been delivered. Some are still in England. Some are in europe. We cannot find out what the problems are but .

suspect it is incorrect paperwork.
We are very sorry but we cannot start taking orders knowing that these problems exist. We are going to have to wait longer before we can re-open for EU orders but we cannot say when that will be. We cannot feed 100s of orders a day into a system

that is not working knowing they may not go anywhere.
Also bizarrely the new Royal Mail system can only accept parcels with 20 items or less in them. More than half the orders we send have more than 21 items in them. Parcelforce can take packages with any quantity of contents.

So somehow our website now needs to be modified so that if customer wants 20 items they see the Royal Mail/Parcelforce postage options but if there are more than 20 items they only get the Parcelforce option. We do not want to start work on that change at the moment.

We are no longer able to reply to emails asking when we will be opening up for EU orders. We are sorry but we do not know and we have no way to find out. Please see the message on the home page for the latest information.
DPD is still a problem and there has been little progress.

When we had a [Brexit] deal, I thought, we're saved all the rigmarole and hassle, it'll work sweet as a nut, but it hasn't happened," says Mr Flannigan. Instead, he says, it feels like the clock's been turned back 30 years
People really don't have a "sweet as a nut" clue do they?

Yes "30 years" and worse ..because you are now outside the Single Market & "worse" outside the Customs Union too . You're now trading under conditions more like Belarussia into EU without the customs & logistical capacity to handle the volumes. Your business will most likely fail

This was always so ..regardless of the "deal" esp with "87% of Berwick Shellfish's £1.7m sales go to France, Spain and Germany"
Next....
"The real test for me is the next two to three weeks, as inventory is depleted and orders increase," says Mr Munro.

"He thinks there's a window of opportunity now, for the authorities to fine tune the system before volumes are ramped up" .. "fine tune" Oh FFS...!! wake up.

The BBC report a litany of businesses not understanding the "deal" was always going to mean being outside the SM/CU

"Mr Dormer fears the "massive amount of aggravation" could mean business partners on the continent start to look elsewhere.".....errrr ...yes.

Note how though the report leads with a suggestion of EU "pettiness"

TRAGIC..
"And so it came to pass that alleged Prime Minister Alexander Boris de Pfeffel Johnson travelled to Brussels to personally take charge of the Brexit trade deal negotiations. He alone could break the deadlock, put the dastardly Eurocrats in their place and snatch victory

Project fear - a media friendly term which at one stroke, mocked the expertise of those at many of the coal faces of Brexit and dismissed it with a sneer. Yet, just 9 days in, it looks very much like project fear predictions were true and should have been heeded.

Thread

Project fear was not a myth. It was the truth.

Project fear was not a myth. It was the truth.

Project fear was not a myth. It was the truth.

Project fear was not a myth. It was the truth.

As the transition period ends, the #BrexitDeal applies from tomorrow. But there's also a parallel significant legal change - most of the rest of the withdrawal agreement starts to apply. A thread on the legal issues in the rest of that agreement.

The citizens' rights provisions of the withdrawal agreement (on EU citizens who moved to the UK, and UK citizens who moved to the EU, before the end of the transition period) start to apply.

Annotation and detailed analysis of those provisions here:

After today, UK citizens newly moving to the EU, or EU citizens newly moving to the UK, are in principle governed by national law (partly harmonised by the EU, on the EU side).

However, the #BrexitDeal contains some provisions on visas for service providers.

The #BrexitDeal also refers to the matching unilateral decisions of the EU and UK to waive a visa requirement for short tourist visits. Analysis of the EU law on that issue here:

UK citizens resident in the EU on the basis of the withdrawal agreement (or who move to EU in future) should be covered by the EU law on long-term resident non-EU citizens, which provides for a limited form of mobility between Member States. Analysis here:

Today's UK-EU trade deal reflection - what is rarely stated in discussions about the deal's shortcomings is that they reflect UK government policy choices - in particular that control of immigration and a US trade deal are a higher priority than an EU deal.

Thus, why was it not a UK government priority to secure for UK musicians the rights to tour the EU? Because that would probably have required a reciprocal right to be given to those in the EU, which we didn't want to give. Choice.

Meanwhile why did the UK government not seek or secure a reduction in food inspections for GB products going to the EU? Because that would probably have required fixing food regulations in a way that might have been an obstacle to a US trade deal.

Works the other way as well. Why did the EU refuse UK requests on mutual recognition of industrial testing? In part at least because of UK lack of commitment on maintaining the previous EU system of standards and conformity assessment which might be a problem in a US deal.

One of the strangest opinions in the London politics bubble is that the UK government isn't that bothered about a US trade deal, as it so obviously goes against the evidence. There might be domestic opposition, but this was to be Brexit Dividend Number 1.

Many bearish sentiments across the mortgage sector because they believe companies won't succeed as much when rate finally go back up (3 maybe 4 years from now). Which makes sense except for $GHIV and here's why. In 2016 Brexit came & rates went down which lead to huge success...

in mortgages. Business was great for many companies but then in ‘17 and ‘18, rates went up. What happened you might ask? A lot of people got compressed, margins got compressed, rates went down, & people struggled in the mortgage market...

Well UWM ( $GHIV ) compound annual growth rate, from ‘16 to ’18, was 28%. Companies that focused on refi struggled, so obviously a very successful company like Rocket or Quicken, they went down 14% in compound annual growth rate in those years...

$GHIV actually grew, and so did their profits, so the opportunity to continue to grow in all cycles is a big differentiator for UWM, and the broker channel versus a lot of our competitors. When rates rise, it's actually even better for $GHIV (UWM)..

If rates stay low, great UWM will continue to crush but when the rates rise, they will continue to steal even more market share because of how they operate in the mortgage sector. People also talk about the speed in closing a loan & that other competitors are faster...

Short fun thread on Brexiters expressed through the medium of the Sicilian word "minchia" & its variants.
N.B. "minchia" is not necessarily a vulgar word, having been used by authors as diverse as Giovanni Verga & Frank Zappa in their works, but it is uniquely expressive >>

Proprio un gran minchione!

'sta minchia di...

Chi minchia cumminastivu?l

Cu minchia è?