insulation


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No-deal Brexit could cost family-owned insulation manufacturer up to £85,000 per year

Brexit Superfoil MD William Bown and a colleague on site

Family owned insulation manufacturer, SuperFOIL Insulation estimates that a no-deal Brexit could cost it £45,000 to £85,000+ per year.

SuperFOIL’s estimate is based on a report published by HM Treasury at the end of 2018 which calculated that a no-deal Brexit could make the UK’s economy 9.3 percent smaller over 15 years.

The analysis also shows that the impact for manufacturers in a no-deal scenario would be the equivalent to, on average, 9 to 17 percent of the value of EU trade compared to today’s arrangements.