Clyde Paper & Print Brexit Statement

In view of the potential impact that the Brexit negotiations could have on our supply chain and customers, we would like to update our customers and stakeholders as to the what we at Clyde are doing to mitigate any possible negative effects.

• Workforce. All our workforce has the right to work and remain in the UK, so we do not anticipate any disruption from this angle. Our staff will continue to provide the high level of service that our customers have come to expect from us.
• Supply Chain. Many of our key product lines are purchased from outwith the EU. These should largely be unaffected by any change to the UK’s relationship with the EU. Our European suppliers and producers have all re-iterated their commitment to the UK market, whatever the outcome of Brexit. They have a vested interest to ensure minimal disruption in supply to their UK customers. Practically we have taken steps to ensure that we will have significantly higher stocks to mitigate any delays that there could be at the ports during this period. We do not anticipate any changes to duty on paper products as even if we operate under WTO rules there would be no duty payable.
• Currency. Sterling could be affected by these negotiations, but as this is completely out with our control and affects the whole market, we will have to assess the situation at the time. You can be assured that we will be doing everything possible to ensure that we remain competitive.
• Summary. We would like to assure all our customers of our total commitment to ensure a continuing supply of competitive products, during and after the Brexit negotiation period, and that we have taken every action possible to cause minimal disruption.

Many thanks to all our customers for your continued custom and support. If you require further information or assurance regarding this topic then please do not hesitate to contact us.