Friday, 28 December 2018 07:59

LEADING NORTH EAST BUSINESS SPEAKS OUT AGAINST BREXIT UNCERTAINTY

he Director of a long standing Aberdeen-based business, Caber Coffee, has demanded the UK government offer clarity for Scottish businesses on the UK's future trading relationship with the European Union.  

With the prospect of the UK crashing out of the EU without a deal becoming more likely by the day, Director of Caber Coffee, Findlay Leask, said the company has begun stockpiling equipment from their European suppliers – redirecting cash earmarked for local investment.  

Leading independent analysis on the impact of Brexit on cities and towns has found Aberdeen could be the hardest hit city in the UK by higher trade costs with the European Union.

According to the UK Government’s own impact analysis, Scotland’s economy would be disproportionately impacted by leaving the Single Market and the Customs Union - reducing Scottish GDP by up to 9%, putting 80,000 jobs on the line, and costing Scotland up to £12.7billion a year, the equivalent of £2,300 for every person in the country.

Commenting, Director of Caber Coffee, Findlay Leask said:

"With our high quality customer service in mind, the increasing likelihood of a no deal Brexit has forced Caber Coffee to stockpile equipment and service parts from our suppliers in Europe.

“The necessity of doing this is extremely frustrating - substantial capital that had been allocated for plans to grow, develop and diversify our business with the aim of creating further employment opportunities in Aberdeen City and Shire, has now been spent mitigating the devastating impact a hard brexit will have on Caber Coffee.

“With a hard Brexit looming on the horizon, it feels like these plans are being unnecessarily hurried and, if we are to leave Europe to commence trading on WTO terms, it would be extremely pragmatic to allow business and industry more than 3 short months to prepare effectively.”

Commenting, MSP for Aberdeen Central Constituency Kevin Stewart said:

“This is a very real example of the difficulties businesses in our city will face should Scotland leave the Single Market, which is eight times bigger than the UK alone.

“It is vital that Scotland maintains barrier free trade with Europe, but this divided and incompetent UK Government have produced a plan that will damage business and our economy.

“We know that independent research has indicated Aberdeen will be the hardest hit city in the UK following Brexit. So it’s high time the people who claim to represent this city listen to their constituents and back a proposal that will allow local businesses to remain in the Single Market.”

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