Brexit: Less than half of trusted trader applications approved

Less than half of the applications from UK firms for 'trusted trader' status have been approved by HMRC since 2016, Newsnight has learned. The status is a quality marker, which the government says allows firms to fast-track their shipments through customs. This could be crucial if the UK leaves the EU without a deal. Hauliers say they have been given 'chaotic information'. HMRC said businesses must 'meet strict compliance standards' for the status.