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Brexit

Many hospitality businesses have been focused on preparing for Brexit, and the changes it could potentially bring to our industry. As part of our commitment to helping the businesses we work with, we’re building a detailed picture of what those changes could look like.

 

That involves working closely with our suppliers to understand any risks, making sure we keep customers up to date on potential supply chain issues and creating an incredibly useful directory of suppliers with links to their own recent Brexit updates.

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UPDATED: 1ST FEBRUARY 2021

Beacon: Shedding Light on the Impact of Brexit on our Supply Chain

On December 24th 2020, the UK settled a trade deal with the EU called the Trade & Cooperation Agreement (TCA), which outlines the future trading agreements between the two markets. Although a no-deal scenario has been avoided and the uncertainty of the last few months has finally come to an end, it has been widely reported that since the start of the year there have been some disruptions to the flow of goods and services between the UK and EU. This was a long anticipated effect of Brexit and these 'teething problems' may continue throughout 2021 whilst both markets adapt to the new administrative processes.

Another outcome of the UK leaving the EU is that freedom of movement came to an end on January 1st 2021. EEA citizens who were already living in the UK prior to January 1st will continue to be able to do so, as long as they have applied for settled or pre-settled status. However, future high-skilled migrant workers (both EU and non-EU) will be subject to a point based system for visa eligibility under the new post-Brexit immigration laws.

We're continuing to liaise with our supply partners, regarding any impacts to their supply chain and will keep you updated on any potential delays to imported products. Please also check our Market Reports page, as we will publish all the documents we are sent by our suppliers that outline any potential food shortages, long with the latest research and in-depth analysis from across the global food sector.

In the meantime, if you have any queries or concerns about Brexit and the effects it could have, please get in touch with our customer support team at support@beaconpurchasing.co.uk or on 01904 695 588.

UPDATED: 5TH JUNE 2020

Shedding Light on the Impact of Brexit on our Supply Chain

We’re all aware that the UK is leaving the EU, and that the transition period will come to an end on the 31st December 2020. If a new deal cannot be agreed by the end of 2020, then the UK and EU will revert to trading on WTO rules from the 1st of January 2021. This would mean that tariffs will be introduced on some goods, particularly food and agriculture, and the barriers to trade compared to the EU single market will suddenly become much higher.

 

At Beacon, our number one priority is the seamless supply of products and services to our customers. With that in mind, we recently carried out a detailed risk assessment with our suppliers to understand the impacts of any major changes following the end of the transition period. And, we ran a survey with our supply chain to find out how all of the potential outcomes of Brexit might affect a number of procurement categories.

 

This work involved building a Brexit-ready trading model that simulates all potential outcomes.  We also reviewed which products are sourced from within the EU and whether there are alternatives in place. And we determined whether supply-chain workforce capacity will be affected by any reduction in immigration from EU Nationals.

 

We’re planning to publish all Brexit related statements issued by our suppliers within a directory (this can be accessed at the bottom of the page). However, due to the uncertainty around the final outcome of Brexit and whether a deal will be negotiated, the directory will be updated as and when further developments happen.

Our Brexit Working Group will continue to liaise with our suppliers, and we’ll keep you informed of any new developments, as soon as we know about them.

 

In the meantime, if you have any queries or concerns about Brexit and the effects it could have, please get in touch with our customer support team at support@beaconpurchasing.co.uk or on 01904 695 588.

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SUPPLIER STATEMENTS

A directory of all supplier communications we receive on their preparations for Brexit.

 

SUPPLIER

DIRECTORY

Find out more about the supply partners we work with and how they can benefit you.