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Data from the British Retail Consortium (BRC) shows that retailers continue to recover from the effects of the coronavirus pandemic.

With the Brexit negotiations now competing for headline space with the coronavirus crisis, many businesses are anxiously trying to assess what action they need to take with the UK’s transitional agreement with the European Union (EU) set to expire on 31 December 2020.

It’s important to recognise upfront that securing regulatory approval when selling a product abroad is a complex and sometimes lengthy process that requires expert support.

As well as coping with the impacts of the coronavirus crisis, the UK’s chemical businesses are also having to plan ahead for arrangements once the transition agreement comes to an end following the UK’s departure from the European Union (EU) in January.

Increased collaboration makes sense in an era of tough cost pressure and it’s an idea that original equipment manufacturers (OEMs) have begun to embrace.

While the vast majority of manufacturers have survived the coronavirus crisis so far, it’s likely we’ll see increased level of stress during the final months of the year – and accelerated mergers and acquisitions (M&A) activity lasting into the first half of 2020.


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