UK trade volumes have been “suppressed” by the impact of Brexit and Covid-19 and the impact of new customs agreements on businesses is “concerning”, according to MPs.
"To bring inflation under control we don’t need rates to rise, we need freedom of movement back," one expert said.
Flashback: To when Boris Johnson promised cheaper household gas bills if Brits back Brexit
15/12/2021
Reminders of when Boris Johnson promised cheaper household gas bills if Brits backed Brexit have been making the rounds on social media today on the back of new inflation figures published today.
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.
‘What the government once called teething problems have now become a chronic condition’
SCOTLAND's economy has taken a major hit while Northern Ireland has outperformed the rest of the UK while staying in the EU’s single marker, Office for National Statistics (ONS) figures show.
The collision of the pandemic and leaving the European Union (EU) has tipped an £18bn loss in travel services trade, according to the latest figures.
Almost half of British businesses that traded with the EU pre-Brexit are doing less trade with the bloc, or have stopped entirely, since the UK left the single market and customs union in January, according to a new survey.
Exporters forced to fill in 48 million customs declarations and 140,000 health certificates over eight-month period.
Food and drink firms are seeing "terrifying" price rises, a sector trade body has said, warning of a knock-on effect for consumers.
OFFICIAL figures showing UK exports fell by more than £1 billion in August once again highlight the “devastating impact” of the Tory government’s Brexit deal, the SNP have said.
Rise matched by steep fall in unemployment and rise in staff on payrolls to 29.2 million.
Survey of impact of supply chain crisis in past fortnight also finds 15% could not buy fuel.
Boris Johnson believed to have overruled ministers unwilling to compromise on post-Brexit immigration as forecourt queues mount
The number of European Union nationals who are living in the UK has fallen dramatically, figures show today.
ONS figures could be a sign that the UK is losing its overall competitiveness, say experts.
Home Office figures caused speculation that number of Europeans in UK had been underestimated.
UK food and drink exports to the European Union almost halved in the first three months of the year, compared with the same period in 2020.
Five years on from the Brexit referendum new research by jobsite Indeed has found UK employees in the lowest paid jobs have been most negatively affected by the decision to leave the EU.
Fall in imports and exports not due to ‘teething problems’ or Covid, says expert.
Measuring the Cost Brexit Six Months On
09/06/2021
The end of the transition period was merely a staging post within a process that will be long with us, says Chris Grey.
The latest Government Business Insights report reveals that the transportation and storage sector has been hit hardest by Covid and Brexit. / ParcelHero says the shock result shows that more supply chain companies have closed and fewer surviving firms are currently trading than in any other sector.
Already we are seeing clear signs. Businesses are once again increasingly quoting Brexit as their major challenge. Exports to the EU are down.
China has overtaken Germany to become the UK's biggest single import market for the first time since records began.
Far from minimal disruption, the full impact of leaving the EU may take 15 years to appear.