UK small businesses 'concerned about impact of Brexit on supply chains'

08 Oct 2019

Research carried out by insolvency trade body R3 has suggested that a third of UK small businesses are concerned about the impact Brexit will have on their supply chains.

R3's survey of 1,200 business leaders revealed that 11% of firms have reviewed the potential impact of Brexit on their operations, and harbour concerns in regard to their supply chains.

However, 16% of small businesses stated that they have not yet reviewed the potential impact of Brexit on their supply network.

'It's a serious worry that a third of UK businesses feel they are exposed to a supply chain risk as a result of Brexit,' said Duncan Swift, President of R3.

'A key part of preparing for Brexit is looking at how it affects your supply chain and customers. It's all very well making sure your own business has put adaptation plans in place, but these plans might not help if the businesses you depend on – customers and suppliers – are unprepared.

'Businesses which don't understand how Brexit will affect their supply chains are at risk of sleepwalking into trouble.'

Home | Contact us | Accessibility | Disclaimer | GDPR (including Standard Terms of Business) | Help | Site map |

© 2019 BPU Accountants. All rights reserved.

We use cookies on this website, you can find more information about cookies here.


BPU Chartered Accountants is the trading name of BPU Ltd Company number 3723948 registered in Wales. Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.

BPU Financial Solutions Ltd is an Appointed Representative of ValidPath Limited which is authorised and regulated by the Financial Conduct Authority. ValidPath Limited is entered on the Financial Services register (www.fca.org.uk/register) under reference 197107.

BPU Accountants, Radnor House, Greenwood Close, Cardiff Gate Business Park, Cardiff CF23 8AA
BPU Accountants, The Counting House, Pound Field, Llantwit Major, Vale of Glamorgan CF61 1DL