All the pages of strenuously negotiated, tightly drafted legalese in the world can’t tell us how it’s really going to work in practice. It’s obviously good news that there will be no tariffs or quotas on goods moving between here and the EU. We know that the burdens of those sorts of administrative, non-tariff-barriers fall most heavily on the shoulders of smaller operators. This is particularly important at the moment, as the Covid crisis has left small firms with precious little headroom to deal with further shocks. Colin Borland is director of devolved nations for the Federation of Small Businesses

Source: The Herald January 05, 2021 10:30 UTC