With only a year to go until Britain leaves the EU, a mounting backlog of unresolved problems is causing business to take evasive action — despite government attempts to buy more time with a transition deal.
It’s the kind of bad news best served with a stiff drink: the price of standard supermarket wines such as prosecco and pinot grigio could rise by up to 30 percent this year as the impact of 2017’s disastrous harvest is felt on the high street.
During this time of uncertainty procurement professionals should take the opportunity to elevate their role as a trusted advisor, says Andrew Coulcher, group membership and knowledge director of CIPS.
The countdown to leave the European Union began in the British summer of 2016, but nobody in the country seemed to know in which direction they were headed. Those who voted to leave don’t know what kind of future they would like; those who voted to stay don’t know what they can do to stop the process they are certain will create only misery. British politicians from the two major parties — Conservative and Labour — aren’t helping.
President Trump on Thursday imposed tariffs on imported steel and aluminum but offered relief to some U.S. allies, a move that marks his administration’s most protectionist step yet but stops short of the global tariffs his GOP allies begged him to avoid.
Airbus SE may need to stock up on the parts it needs to build wings at its U.K. plants to avoid the risk of delays to deliveries once Britain formally leaves the European Union.
The star of Daimler shines bright over Stuttgart, Germany — literally. The giant illuminated emblem of its most famous car, the Mercedes, towers above the main train station, greeting visitors. It is visible for miles.