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Brexit has reduced UK trade openness, foreign direct investment (FDI) inflows, and immigration growth. New border frictions and higher transport costs pose new barriers to trade, and FDI inflows are unlikely to return to levels reached in the 1990s and 2000s.
TJ Coles reviews the ways in which leaving the EU has made Britain poorer.
The UK government has made exporting and importing difficult and costly. Everybody who was not a Brexit fantasist saw it coming.
Figures show Brexit compounding Covid disruption, with clothing exports plunging 60%, vegetables down 40% and cars 25%.
The EU accounted for 53.5% of UK-built vehicle exports – making it our biggest trading partner.
A decline in trade with the EU was expected following the coming into force of the Trade and Cooperation Agreement between the UK and the EU on the 1st of January. Nevertheless, when the UK January trade figures were released in early March, almost unanimously commentators were surprised by the extent of the decline.
The volume of goods being ferried across the Irish Sea between Britain and Ireland has collapsed since the UK left the EU.
In the debate over Brexit, accusations of an anti-Brexit or pro-Brexit bias by the media have been a recurring feature.
This note provides some basic statistics on the UK's trade with the EU.
UK reliance on EU food imports is a major risk if the country crashes out of the union. / Walk into any British supermarket and you will be surrounded by European products, from Italian cheeses to French wines. Around 30% of all food consumed in the UK is imported from the EU, but for some foods, such as spinach and olives, the EU is practically the UK’s sole supplier.
A decision to summon the Tory leadership frontrunner to court over his £350m Brexit claims was quashed last month.
When it comes to reporting new legislation planned by the European Union, many British tabloids have a tendency to "overdo it".
A wave of disruptions is rocking the world trading system. Britain’s divorce from the European Union has turned messy, while the U.S. trade war with China has investors on edge. The cost of such risks is substantial, according to an analysis by Bloomberg Economics of OECD data.
"The European Parliament’s Spring 2019 Eurobarometer, conducted three months ahead of the European elections, shows continued strong support for the European Union. Despite the challenges of the past years - and in cases such as the ongoing debate surrounding Brexit possibly even because of it, the European sense of togetherness does not seem to have weakened."
Ministers have been accused of peddling “dodgy statistics” after an embarrassing blunder saw the Government overstate how much Britain imports from countries outside the European Union by a staggering £300bn.
After MPs voted against every option included in the indicative votes, i has put together a visualisation to help you understand who voted for what – and the challenges of getting anything though.
MPs have voted on eight alternative Brexit options after parliament seized control of the Commons agenda to force a series of indicative votes.
Visits to the United Kingdom by overseas residents fell 4 percent in 2018 to 37.8 million and spending by tourists and other visitors was down by 7 percent at 22.7 billion pounds, official statistics showed on Monday.
How vulnerable each region is to economic disruptions from Brexit: Parts of Germany are especially vulnerable.