Brexit has created a lot of uncertainty. However, rest assured Diamond has been at the forefront of our industries negotiation to make sure that the UK can remain your global hub for all your distribution requirements. With no additional barriers to trade.
We believe Brexit will happen – but although the date for this is set as March 29 2019, there is a transitional period until Dec 2020 which means all trade rules that exist now including no tariff between European states will continue at least until the end of the transition period.
The key aspects of the agreement are:
- The transitional period will last from Brexit day on 29 March 2019 to 31 December 2020
- EU citizens arriving in the UK between these two dates will enjoy the same rights and guarantees as those who arrive before Brexit. The same will apply to UK expats on the continent
- The UK will be able to negotiate, sign and ratify its own trade deals during the transition period
- The UK will still be party to existing EU trade deals with other countries.
There is no change to the trading terms that you enjoy now, nor will there be until end of Dec 2020.
The important thing is that there is plenty of opportunity for companies who still wish to get UK fulfilment companies to hold their stock and distribute in the huge UK and EU market. If you think need a UK Fulfilment Partner then think about the below.
Why you should keep your distribution in the UK
Low Cost means higher profits, for you
You’ll be winning on the currency for a start. All forecast predict a further demise in terms of the value of the pound – its devalued by over 20% since Brexit was announced – so you are looking at a real terms reduction in terms of your distribution costs – which is great news.
Distribution from the UK to Europe is among the fastest and most efficient in Europe, with money destination being only 24 hours away. Transit time scan be increased if your distribution base in in remoter areas of Europe. Our Surrey depot, for example, is well paced for global distribution – being just 45 minutes from both Heathrow and Gatwick, and one hour from the Channel Tunnel – making it perfect for all your distribution requirements.
Our overseas clients have been trading with us for many years and we understand their individual client demand and high level service requirements. We are winning new Chinese clients with commencement before the Brexit date so you can be confident that other substantial businesses are continuing to adopt UK distribution solutions.
Plan B – our German and Dutch partners
Of course, we have had to make provision should matters change – and consequently we have partnered with logistics businesses in both Germany and the Netherlands to provide our clients with the comfort of a European distribution solution should trade deals no be favourable.
Therefore you can rest assured that it is business as usual here at diamond logistics. No need for you to put your European distribution plans on hold – we have warehouses all around the UK who are ready and able to fulfil your global distribution needs, in the friendly diamond efficient manner you have grown to love over the last 26 years.