Norfolk Entrepreneurs Unpack the Realities of Brexit: Successes and Regrets

In the five years since the UK left the EU, perspectives on Brexit in Norfolk reveal a stark divide among local business owners, particularly those involved in industries affected by newly implemented trade rules. In the 2016 referendum, 58% of Norfolk voters supported leaving the EU, yet many now question that decision’s impact on economic prospects.

Steven Williamson - Lynn Shellfish:

A long-time supporter of Brexit, Williamson represents the seafood processing sector, where he has experienced significant challenges post-Brexit, primarily due to new customs regulations and costs. His factory’s $60,000 annual increase in compliance fees for health and export certificates has created operational hurdles. Previously streamlined processes have transformed into cumbersome tasks, causing layoffs for the first time in his company’s history. Williamson expresses regret about the impact of Brexit, stating that the promises of a stronger fishing industry have not materialized, leading him to reconsider his initial stance on the issue.

Rachael Waring - Warings Furniture:

In contrast, Waring offers a more optimistic take, claiming that Brexit has benefitted her furniture manufacturing business. With about 60 employees, her company experienced growth due to an increased focus on internal supply chains as clients hesitate to rely on European imports. She highlights economic advantages like a stable exchange rate with the Euro as significant positives that emerged from leaving the EU. Although she acknowledges the added paperwork, she views it as manageable compared to the benefits her company has reaped, such as increased turnover and a sense of autonomy in trade processes.

These differing viewpoints illustrate the complex landscape of Brexit’s aftermath for businesses in Norfolk, with some struggling under the new rules while others find unexpected advantages. The ongoing debate about the effectiveness of Brexit continues, with a recent government commitment to renegotiating aspects of the agreement.