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The Guardian - UK
The Guardian - UK
Business
Lisa O'Carroll Brexit correspondent

‘Brexit has lost us 25% of sales’: British bike storage firm buckles under red tape

Andrew Lang founded Cycloc in 2006. Photographed in east London, 19 January 2023
Andrew Lang founded Cycloc in 2006. Photographed in east London, 19 January 2023 Photograph: Alicia Canter/The Guardian

A British bicycle entrepreneur says Brexit has buckled his business and left him with a £100,000 hole in revenues, accusing the government of failing to do enough to mitigate its impact on British small exporters.

Cycloc, which has made a name for its distinctive indoor bicycle storage and accessories and includes Stella McCartney, Jonathan Ross and cycling star Mark Cavendish among its customers, says the EU represented 50% of its business before Brexit left it nursing a 25% decline in overall sales.

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