Background colour

PREVIEW

ID: 55019969 Video

Headline: UNCAPTIONED: Small Parcels from China to UK Surge to £3 Billion

Caption:

Small Parcels from China to UK Surge to £3 Billion. The value of small parcels sent from China to the UK has more than doubled, reaching £3 billion last year, new data reveals. Experts say the boom is driven by online shopping platforms like Shein and Temu as British consumers continue to snap up inexpensive goods from Chinese retailers. Currently, packages worth £135 or less are exempt from import taxes, a loophole the UK government is now reviewing. UK business groups are calling for faster action, warning that High Street shops are being undercut and shoppers may be exposed to low-quality products. According to HM Revenue & Customs, Chinese shipments accounted for 51% of all small parcels arriving in the UK in 2024-25 up from 35% the previous year, highlighting the rapid rise of low-value imports.
Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT

Keywords: Current Affairs & Politics,small parcels,China,UK,surge,3 billion,GBP,more than doubled,cheap retailers,Shein,Temu,British,consumers,less than,135,exempt,import taxes,loophole,UK government,reviewing

PersonInImage: