LONDON (Reuters) – Britain will automatically enrol nearly 90,000 companies in a customs system in order to reduce the risk of Brexit disruption, the government said, its latest attempt to show it can leave the European Union without a deal if necessary.
FILE PHOTO: Britain’s Chancellor of the Exchequer Sajid Javid is seen outside Downing Street, in London, Britain July 26, 2019. REUTERS/Peter Nicholls
More than 88,000 companies which are in Britain’s value-added tax register will be allocated an Economic Operator Registration and Identification (EORI) number in the next two weeks, the finance ministry said on Wednesday.
So far, around 72,000 firms have registered for EORI numbers which identify them for customs authorities.
“As the government accelerates its preparation to leave the EU on Oct. 31, it’s right businesses are prepared too,” finance minister Sajid Javid said.
“This will help ease the flow of goods at border points and support businesses to trade and grow.”
A group representing small businesses welcomed the move but said companies also urg