BullionByPost's Rapid Expansion into Europe Despite ‘Calamitous’ Brexit Negotiations

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Expansion for the UK's Number One Online Bullion Dealer - BullionByPost

Rob Halliday-Stein - Founder and Managing Director, BullionByPost

...our vision is to become the world's most respected online precious metals dealer.

The UK’s number one online bullion dealer, BullionByPost, is forging ahead with its expansion even though the Brexit negotiations appear to be in the doldrums. The company has successfully launched in the Republic of Ireland, France and the USA with launches for Spain and Italy in the coming months.

Rob Halliday-Stein, founder and Managing Director of BullionByPost said:
“I am clear that, as far as the business is concerned, Brexit certainly is not going to slow us down as we head into the future.

“Whatever happens; a good deal, a bad deal or even no deal at all – we see the UK as a fantastic place to build a global ecommerce business and that is what we will continue to do.”

The expansion into new markets such as Ireland and France will see the company doubling the size of its headquarters and the number of staff in Birmingham in order to accommodate the rapid increase and to keep up with demand.

Halliday-Stein added:

“This is just the start. There are a lot of ambitious plans for the future of the company. I started with the original aim of being ‘The UK’s Number One Online Bullion Dealer’. We had a clear vision that that was possible, and we firmly achieved that a long time ago.

“We are now looking forward to the next stage of the business and our vison is to become the world’s most respected online precious metals business. We are broadening it out in terms of geography”.

Despite the opportunities that are ahead for the business, Halliday-Stein is aware the Brexit negotiations and, ultimately, the withdrawal from the EU will bring challenges:

“It will, undoubtedly, bring opportunities in terms of uncertainty which is making more people, both in the UK and across Europe, look towards gold to protect their wealth and we think this could increasingly impact across the rest of the continent. This is as people consider the possibility that the consequences of Brexit could have a negative impact on the European economy”.

He added:

“It also brings challenges as we look to recruit more native European speakers in the UK. That means that it possibly won’t be as easy to recruit high quality native speakers as it has been. Which may become a challenge for growth.

“Despite that, the possibility of trade deals with the rest of the world is very exciting for us”.

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Daryl Jackson
since: 10/2009
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