Analysis: The UK’s revised-down Q3 figures should come as no surprise given business has been in second gear since 2016.
Brexit trade war would have ‘immediate and devastating’ impact on UK economy, industry warns
15/11/2021
Business chiefs and economists say huge disruption lies ahead if Downing Street triggers Article 16.
A new report from the Economic and Social Research Institute (ESRI) shows that trade between the UK and the EU has declined since Brexit.
“The entirely avoidable Brexit crisis has had as much of an impact on UK businesses as the unforeseeable Covid-19 tragedy, and its costs are still rising."
BREXIT, according to its backers, was meant to create endless opportunities. So far, however, the UK has failed to make the vote profitable, with the prospect of "global Britain" quickly fading according to recent data.
THE SNP have hit out at the UK Government’s “unacceptable” refusal to publish an impact analysis on the Brexit deal, despite having done so for other trade agreements.
Businesses in the services sectors face ‘major barriers’ despite trade agreement, a study suggests.
According to the Office for Budget Responsibility (OBR), shortages across various industries have been “exacerbated” by new immigration rules for EU citizens and trade barriers with the bloc.
The modelling estimates Scotland's GDP could be around 6.1% lower compared to if it remained a member of the EU.
Britain's trade performance is lagging increasingly behind that of other similar economies, according to data that suggest Brexit has had a detrimental effect on exports, on top of the COVID-19 pandemic.
Exporters forced to fill in 48 million customs declarations and 140,000 health certificates over eight-month period.
The capital’s service sectors will bear the brunt of a downturn, according to a study published by the Mayor of London, Sadiq Khan.
A NEW report has shown that the UK government’s prospective Free Trade Agreements are projected to only add between 0% and 0.16% to the UK’s Gross Domestic Product, up to fifteen years after their implementation.
SINCE the EU referendum in 2016, there have been largely negative effects to the UK services trade, according to new research.
Brexit will potentially cost London’s economy £9.5bn a year – with the capital’s service sectors bearing the brunt of the downturn, stark new research published by the Mayor of London, Sadiq Khan, reveals today.
Fears for farmers and anger over dropping of pledge to bind Australia to crucial climate temperature limit.
The International Monetary Fund ruffled feathers across the Irish Sea with its new forecast for the UK economy this week, now expecting GDP growth to slow to a paltry 1.2pc in 2023, by far the slowest amongst the G7 economies.
The UK’s shift towards a more restrictive migration regime after Brexit will not deliver the “high wage” economy promised by prime minister Boris Johnson, a report shows.
The Office for Budget Responsibility suggested leaving the EU would reduce the UK's long-term GDP by around 4% - compared to 2% for the pandemic and lockdowns.
Britain's economic recovery from the coronavirus pandemic lagged behind that of other rich nations in the July-September period, according to official data on Thursday which underscored the interest rate dilemma facing the Bank of England.
One port operator has had to demolish building work for new checks, while other crucial customs sites do not even have planning permission yet.
The clip was filmed in 2018 as part of a three-part documentary on the US embassy called Inside the American Embassy.
"To bring inflation under control we don’t need rates to rise, we need freedom of movement back," one expert said.
The independent Office for Budget Responsibility has calculated that the scarring effect of covid lockdowns on the UK economy is only half of what it has cost the UK to leave the European Union.
NIESR says UK facing worse permanent damage than other rich nations due to ‘poor Covid response’ .