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ALISTER Jack has been told to apologise to the people of Scotland for the "unmitigated disaster" of Brexit as he faced angry MPs in the Commons.
In September 2021, UK goods trade was 11.2 per cent, or £8.5 billion, lower than it would have been if the UK had stayed in the EU’s single market and customs union.
UK trade with the EU has fallen sharply, new figures from the Office for Budget Responsibility show.
The latest Food and Drink Federation (FDF) trade snapshot in the UK has made for sobering reading, revealing that export trade with our nearest neighbours across market segments was down by 13.1% against figures from three years ago, at £20.2 billion.
All trade deals combined worth less than 50p per person a year, analysis of government figures shows.
It’s almost 100 days since Britain completed its split from the EU -- almost five years after the referendum vote –- and a clearer picture of the consequences of the decision to leave is starting to emerge.
The protocol could leave Northern Ireland's economy 2.6% smaller compared with a scenario in which the UK stayed in the EU, new analysis suggests.
THE economic impact of Brexit and food checks at the Irish Sea border will be examined by a new commission made up of business leaders, MPs and economists.
Filling the GDP gap it has created will be hard.
The leader of Plaid Cymru Adam Price calls on Labour to make the positive case for the single market and customs union.
International Agreements Committee warns of dangers of ‘arbitary’ Diwali deadline. / The government's rushed negotiating strategy for getting a Brexit free trade agreement (FTA) with India risks a bad deal, a parliamentary committee has warned.
"As far as trade is concerned, things are panning out in the manner once stupidly dismissed as “Project Fear”. And we will be poorer as a result."
‘Sparkling wine contains same pressure as tyre of large van’: Industry voices concern over health and safety.
Office for Budget Responsibility contradicts government line. / Mr Johnson [Institute for Fiscal Studies] also said the OBR's estimated reduction in trade, productivity, and living standards from Brexit was "bigger than the expected long-run effect of the pandemic".
The UK government has made exporting and importing difficult and costly. Everybody who was not a Brexit fantasist saw it coming.
It was “always inevitable” that Brexit would have an impact on UK trade with the rest of Europe, chancellor Rishi Sunak has admitted.
Figure of £40.8bn buried in EU’s 2020 accounts dismissed by UK as not reflecting amount it will pay.
The UK is liable to pay €47.5 billion euros ($A75.7 billion) to the European Union as part of its post-Brexit financial settlement, according to the EU’s consolidated budget report for 2020.
The Office for Budget Responsibility (OBR) predicted in 2018 that the so-called "divorce bill" for leaving the European Union would cost the UK between £35bn and £39bn - but the EU say the figure is over £40bn.
A weaker than expected recovery from the coronavirus pandemic has left the UK as the only G7 country with a smaller economy than in early 2020, according to official figures likely to further undermine the government’s tax-cutting measures.
Jeremy Hunt’s budget shows that leaving the EU is only paying off in a parallel universe.
Sectors from fishing to aviation, farming to science report being bogged down in red tape, struggling to recruit staff and racking up losses for the first time.
The OBR forecast that Brexit would cost the UK economy 4% of GDP now looks ridiculously optimistic as the damage mounts.
Author of agreement accused of ignoring ‘every reputable trade specialist and 100 years of trade theory’