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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.
Rejecting expertise and skill in favour of loyalty was always going to lead to this.
Red tape continues to frustrate small businesses as the hunt for the sunlit uplands goes on.
The UK is weighing up whether to attend a new European political "club of nations" next month.
Former Bank of England policymaker Adam Posen insists 80% of high price growth is due to Britain leaving EU.
As Prime Minister Boris Johnson prepares to depart Downing Street, tossed from office by his own party, his legacy — the opening lines of his eventual obituary — will call him the man who “got Brexit done.” / So how is that going? What can be said about the post-Brexit Britain that Johnson is leaving behind?
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Liz Truss and Rishi Sunak feel bound to talk lower spending to party members, but the former chancellor at least must see the folly of losing billions off our GDP.
Most people think Brexit has gone badly, a UK survey finds, and Johnson has left behind a mess of problems for a new PM.
Prime Minister Fumio Kishida urged his U.K. counterpart Boris Johnson to reach a deal with the European Union on Northern Ireland that doesn’t hurt Japanese companies operating in Europe.
“The reason the UK will have the lowest growth in the G7 next year is Brexit. We’re not going to reverse the decline until we begin to remove the barriers – economic, social, scientific – that we chose to erect with the rest of our continent. That’s not rocket science. Just say it.”
Boris Johnson warned against ‘protectionism’ and violation of WTO rules.
Immediately after the referendum, sterling depreciated. This brought forward the impact on household incomes of what would otherwise be a slow burn change for the UK economy.
The economic fallout from leaving the EU is becoming all too apparent.
The leader of Plaid Cymru Adam Price calls on Labour to make the positive case for the single market and customs union.
As we recover from the pandemic, the impact of Brexit – which we voted resoundingly against in Scotland – is becoming clearer by the day.
The introduction of new post-Brexit trading rules last year caused a "major shock" to UK-EU trade, a study claims.
Adam Posen, a former Bank of England policy maker, said most of Britain’s inflation problem stems from Brexit and that he’d vote for a half-point interest rate increase to curb an upward surge in prices.
LSE finds one-third decline in trading relationships under Boris Johnson’s deal – which has hit small firms hardest. / Brexit red tape means the UK has “stopped selling” many products to smaller EU countries, according to alarming new evidence of the impact on trade.
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.
"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."
A parliamentary committee has criticized the British government over trade disruptions caused by Brexit. It has warned of further disruptions as the pandemic subsides. / The UK was the last of the Group of Seven — which includes France, Germany, Italy, Japan, Canada, and the US — to see its exports surpass the average level from 2018.
Britain's exit from the EU has so far made trade more expensive because of delays and red tape, and there could be border disruption ... the UK Public Accounts Committee said today. / Britain became the last G7 developed nation to see its goods exports surpass their 2018 average level since the onset of the Covid-19, underlining its poor trade performance.
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.