Watchdog says Brexit has brought cost, red tape for UK firms

LONDON (AP) — Britain’s departure from the European Union has brought higher costs, more red tape and border delays for businesses, and not yet delivered promised benefits, a public spending watchdog said Wednesday. A day after Prime Minister Boris Johnson appointed a “Brexit opportunities” minister, Parliament’s Public Accounts Committee said that the “only detectable impact”…

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Amazon Must Adhere To UK Supplier Rules After Grocery Turnover Tops 1 Billion Pounds

Amazon Must Adhere To UK Supplier Rules After Grocery Turnover Tops 1 Billion Pounds

LONDON (Reuters) – Amazon’s food retail business in Britain faces increased regulation after the competition watchdog said rules setting out how grocers should treat their suppliers will now apply to the U.S. giant. The Competition and Markets Authority (CMA) said on Wednesday that due to Amazon’s increasing activity in the UK grocery sector it must…

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