Stannah says ‘Brexit is bonkers’ as it joins bright yellow protest
- Credit: Archant
Stannah has become the latest business to erect a large yellow sign warning about the consequences of Brexit.
This company, which is known for producing its stairlifts as well as escalators and conventional lifts, has warned Brexit will put its business at risk.
It has said that over a half of its stairlifts are sold into the EU via its company or third party distributors, and relies heavily on frictionless trade to carry out its business.
A spokesman for the business said: 'Many of our largest EU customers are concerned at how we will guarantee deliveries so that they, in turn, can continue to offer quick deliveries to their end user customers. And then, of course, there is the potential additional cost for them of tariffs. We have considered contingencies but these all involve more costs and disruption to implement and could lead us to consider having to fragment our operations, manufacturing more of our products in the EU.'
They warned that Britain leaving the EU will create barriers for trade and will make it tougher to recruit the skills its business needs.
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They added: 'Brexit is bonkers for our business and its likely to affect our ability to grow sales and keep costs under control. This will likely have direct consequences for all the stakeholders in our company – employees, suppliers, customers and, ultimately, the UK economy.'
Stannah's bright yellow protest follows the lead of Charlie Mullins, owner of Pimlico Plumbers, who erected a 'Bollocks to Brexit' sign outside his business.
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After the council stepped in to request he removed the sign due to planning laws he replaced it with a new one advertising the People's Vote March. He has also funded advertisements and billboards across London to emphasise his message.