Hello, manufacturer and exporter here. Yes, there’s perhaps a small bump to export sales, but much UK manufacturing is higher-end goods where price is less of an incentive to purchase. I don’t think I’ve got any more overseas sales from the fall in Sterling, at most a few customers have perhaps ordered a slightly more expensive version of what they’d be ordering anyway.
However, lots of the component parts and materials I use are imported, and costs of them have gone up – Rohloff hubs, Shimano parts, even steel tubing. So prices have to go up for everyone, and it’s worse especially for customers in the UK.
And, as Mr Shand up there says, Brexit hasn’t even happened yet. At the moment we’re only dealing with the fall in Sterling – once you add in the cluster**** that falling back on WTO rules will cause, with tariffs, varying standards etc it’s going to be even worse.
If it’s such a disaster how come manufacturing data has been so strong post-Brexit vote?
Tariffs is an issue but WTO rules are fine to fall back on whilst we negotiate good deals with European countries. The EU is falling apart, with or without Brexit, so it is better to be ahead of the curve.
