From Hatton's press release:
Increased cost of compliance has become a large factor. Brexit, GST and other operational costs of running an international business have all increased dramatically over the past few years.
One word beginning with "B" is the first word in a sentence. They describe themselves as "an international business".
Oh dear................seven and a half years on and they still can't get over it ! A Referendum and a General Election ago .............and "B" still has to be blamed for everything that might go wrong.
Yesterday my car told me that my rear off side tyre pressure was a bit low.............I have worried myself silly since then: A leaky valve ? A nail in my tyre ? Stop Oil protesters ? A "Friday" built Michelin ?
I must suppose that had I voted against "The B Word" and had festered over it ever since I could have instantly blamed "B" for the loss of air pressure in my tyre and all again would have been sweetness and light.............perhaps Ursula von der Leyen would have even snuck in at night, with her foot pump, and restored my
blood tyre pressure without my even knowing about the problem. Amazingly, I have not heard the Horizon fiasco blamed on it - not even by Ed Davey..............yet !!
Ah well..............what could have been
PS: Institute for Economic Affairs report (6/11/23) - " 'B' leaves
UK▸ trade unscathed ".