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Ellie Newis reviews two of the flagship free trade agreements that were supposed to reignite the UK economy.
Sam Bright summarises the key issues with the UK’s attempts to forge new economic alliances after leaving the world’s largest trading bloc.
Government accused of ‘failure and broken promises’, as exports set to slump next year.
The UK’s much-vaunted post-Brexit trade deals will only increase the country’s GDP by a minuscule amount over the next 15 years, a report by the National Audit Office (NAO) reveals today.
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 one that was so much better than the EU-Japan deal because the names of 70 British products would now be protected?
A survey found that 67% felt the public receives too little information from ministers about trade deals. / More than two-thirds of the UK public feel “left in the dark” about the impact that post-Brexit trade deals struck by the Government will have.
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.
‘Asia is taking us to the cleaners’: Emily Thornberry destroys new trade deals in the Commons
21/10/2021
"This is now the third Asia-Pacific agreement in a row where more than 80 per cent of the projected growth in trade has gone to exporters in those other countries," she said.
All trade deals combined worth less than 50p per person a year, analysis of government figures shows.
Soy sauce won’t be cheaper in UK after Brexit, just the same price, Government clarifies after Bake Off tweet
28/10/2020
The Department for International Trade has wrongly described the condiment as ‘soya sauce’ throughout
£1.5bn GDP boost from UK-Japan trade deal is not on top of existing EU-Japan deal benefits
15/09/2020
These estimated benefits are relative to 2018 when the UK (as part of the EU) had no FTA with Japan.
Another Brexit advertising campaign. They've replaced sporting events as signs of the changing seasons. Instead of Wimbledon or the Olympics, we get Michael Gove talking gibberish on television and further millions poured into preparedness exercises for an outcome with no tangible benefits.
Taxes cut on birds’ eggs, raw hides, fur skins and ultra-strong spirits – but UK does not export them anyway.
Expert perfectly demonstrates Brexiteer hypocrisy over trade talks in just 90 seconds [2 mins]
14/09/2020
An expert has perfectly demonstrated the hypocrisy surrounding Brexiteer outrage over trade talks between the UK and the EU in just 90 seconds.
Is it a vindication of the economic merits of Brexit and a symbol of the clout of ‘global Britain’? The short answer is no.
Brexit Opportunities Abound – Part 2
17/02/2022
Continuing the letter to Jacob Rees-Mogg, reminding him – he seems to need reminding – of the many new opportunities created by Brexit.
Should the aim be limiting damage or designing a bold future? / Japanese negotiators remain skeptical about the U.K.’s ability to handle multiple FTA negotiations simultaneously / What is evident, however, is that no country wants to conclude a definitive trade deal with the U.K. without knowing the final shape of the EU-U.K. partnership.
Britain could be pressured into bad deal to replace EU's agreement with East Asian country.
‘Current restrictions on European data to stop lightly regulated transfers to the USA, would disappear’
DR ROB DAVIDSON, director of Trade Deal Watch, says the UK's government new trade deal with Japan is far from a cause for celebration. It is the first sign of our poorer future following Brexit.
Britain's decision to leave the EU has seriously undermined the peace efforts in Europe, a former Tory politician has claimed.