Greatest concern areas for UK retailers in no-deal Brexit scenario March 2019

This chart illustrates the areas that UK retailer businesses are most concerned about in the case of a no-deal Brexit. According to the opinions expressed by leading UK retailers, supply chains are the greatest area of concern that businesses have about the impact of a no-deal scenario. Availability and cost of labour, tariff costs, and supply of products were also amongst the biggest concerns identified by UK retail businesses.
On the other hand, access to non-UK markets for retail sales came at the bottom, rated to be a concern by only 19 percent of retailers.

Areas of greatest concerns for UK retail businesses in the event of a no-deal Brexit in March 2018

Share of respondents
Supply chain management/logistics/distribution67%
Labour (availability and cost)56%
Tariff costs48%
Supply of products48%
Customs red tape and delays41%
Impact on commercial contracts22%
Access to non-UK markets for retail sales (cross-border e-commerce sales or establishment in other markets)19%
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Sources

Release date

November 2018

Region

United Kingdom

Survey time period

November 10-21, 2018

Number of respondents

24**

Special properties

UK retailers

Method of interview

Online survey

Supplementary notes

* The original survey question was worded as follows: "Which areas are of greatest concern to your business in the event of a no deal Brexit in March 2019? (Tick your three biggest concerns)"

** The survey results were gathered from 24 large UK retailers (including supermarkets and department stores) with a combined turnover of more than 100 billion GBP in the last financial year.

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Statistics on "High street retail in the United Kingdom (UK)"

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