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Billions of pounds worth of lost business with other European Union countries prompts calls to re-enter customs union and single market.
Brexit red tape on British businesses has caused goods trade between the UK and EU to slump and the problem is getting worse, a study has warned.
How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK’s exit from the EU’s single market and customs union in January 2021 led to an immediate, sharp drop in both exports and imports with the EU for the average firm.
Five years ago, the U.K. officially left the bloc after almost five decades of membership that had brought free movement and free trade between Britain and 27 other European countries.
The Mayor of London, Sadiq Khan, will use a speech at Mansion House in the City of London tonight to reveal that the cost of Brexit to the UK’s economy is £140billion, according to new independent analysis.
The report came up with a scenario for growth if the UK had stayed inside the EU, and compared it to forecasts the Office for Budget Responsibility made in March last year. / Brexit has cost the UK £140bn so far, according to new analysis, and could see the nation £311bn worse off by the middle of the next decade, according to a new report.
A new report has been published revealing that the UK’s economy could be boosted by 2.2 per cent just by more deeply aligning with the EU.
It has been five years since Brexit “got done” – and voters and politicians alike are still counting the cost.
The stock exchange ‘going down the gurgler’, a ‘hammer blow’ to the food industry, married Britons punished, and some rare Brexit upsides
The UK’s goods trade is lagging far behind the rest of the G7, while services are booming.
Brexit is dragging down the economy and its impact is set to get worse due to new trade barriers, the Government’s Budget watchdog is warning.
An honest assessment of Brexit from Fareed Zakaria of CNN... "On virtually every measure, from business investment to exports to employment Britain is falling behind its peers."
In this week's Brexit downsides, extra food labelling costing up to £250mn, a huge drop in overseas students, veterinary shortages in NI, and more.
With finances tight and growth sluggish, closer alignment would bring mutual benefit.
The UK has "significantly underperformed" compared to the European Union and the US since the referendum in 2016, new Goldman Sachs analysis shows.
The UK's economy is 5% smaller than it would have been if it had chosen to stay in the European Union, according to an analysis by Goldman Sachs.
Britain has “significantly underperformed” compared with the EU and US since the vote to leave in June 2016, Goldman Sachs claims.
Decision to leave shrank the British economy by reducing growth and spurring higher inflation, economists say.
Businesses that make sporting goods, children’s toys, jewellery and medical goods have struggled the most with the border costs imposed by the UK’s decision to leave the EU.
The UK government has delayed health and safety checks on food imports from the European Union for the fifth time in three years amid fears that the extra controls will push up food prices and disrupt vital supplies.
Clues point to Britain’s 2016 vote as City suffers brutal losing streak.
Despite the promise leaving the EU would help the UK control its borders, most people surveyed said Brexit had hampered the ability to control immigration.
Why does the newspaper continue to publish Larry Elliot’s Corbynite nonsense on the EU?
In this week's update from ‘downside bunker’, more evidence emerges that Britain has effectively declared a trade war on itself.
Chancellor Jeremy Hunt blamed Brexit for years of political instability, admitting that the turmoil in government undermined Britain economically.