Disorderly Brexit could cost £6.7bn a year

LinkedIn +

A disorderly Brexit could cut growth generated by manual workers in logistics from £9.8 billion by 2024 to £3.1 billion, according to research by Quinyx in collaboration with Development Economics and Censuswide.

The research compared the predicted growth and economic output of the UK’s blue-collar workforce in the logistics sector under both a disorderly and an orderly Brexit.

The decrease in economic output would come from a lack of access to manual workers in the logistics sector, such as truck drivers, packers and warehouse workers.

London, the East of England and the South East would see the greatest reductions in available workers and economic output as a result of a disorderly Brexit.

It also found that under any Brexit scenario employers in the UK’s logistics sector expect to lose – on average – 21 per cent of their blue-collar workforce as a result of the UK’s departure from the EU, with 13 per cent saying they expect to lose 31 per cent or more.

Despite this, 16 per cent of logistics businesses have no plan for managing their future pipeline of these workers post-Brexit.

Share this story: