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UK fashion industry at risk over Brexit deal

Posted On: Feb. 3, 2021 9:23 AM CST

Brexit

The U.K. fashion and textile industry is expected to lose £35 billion ($48 billion) due to bureaucracy and travel restrictions forced by the post-Brexit deal, Prime Commerce 360 reported citing The Financial Times. A letter co-ordinated by forum Fashion Roundtable requested Prime Minister Boris Johnson to withdraw its decision to stop the VAT retail export scheme and add textile workers to the visa bottleneck list.

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