Brexit: as half its sales are wiped out, silk firm joins exodus to Europe

Bennett Silks Brexit

Mike Bennett runs a small firm called Bennett Silks in Stockport, Greater Manchester, which has been in his family since his great-grandfather set it up in 1904.

The company employs 15 people, and has, in normal times, an annual turnover of about £2.5m. It operates in what Bennett describes as “a niche market at the top end of fashion”. The silk is produced in a region of China that has precisely the right climate for the mulberry tree to prosper. Silk worms feed on mulberry leaves.

Read the full story on The Observer.