HomeThemesTypesDBAbout
Showing: ◈ exports×
The £2.4bn fall driven by decline in exports of perishable goods due to red tape and costs.
Duncan Brock, group director at the Chartered Institute of Procurement & Supply, said Brexit remained a 'thorn in the side' of manufacturers, as supply chain managers continued to report that 'ports and paperwork were their undoing' in June. / 'Some firms also noted that ongoing Brexit-related difficulties and weaker growth had impacted new order intakes from the EU,' the report added.
Boris Johnson’s government faces deep economic problems. / UK lagging behind major peers on productivity and investment. / “... From a 16% devaluation of the pound to an eye-watering slide in trade and investment, Brexit’s impact is plain to see. The data have only reinforced our view that life outside of the EU would leave the UK worse off.”
New figures released today have revealed just how disastrous Brexit has been for the UK economy as trade data shows exports to the EU fell by almost 14 per cent.
TJ Coles reviews the ways in which leaving the EU has made Britain poorer.
Growth in the UK’s manufacturing sector slowed further last month to a two-year-low as concerns over the global economy and raw material shortages impacted new orders.
Goods and services exported to bloc affected by return of customs border, EU commissioner says.
Yes, that headline is correct. The UK’s trade performance this year fell to its worst level since records began in 1955. And the cause, according to analysts and a headline article in the FT today – Brexit.
Official figures corroborate academic studies showing sharp drop in exports since Brexit.
European Commission vice-president says Brussels wants to get ‘Brexit done’ – while London refuses to talk about Northern Ireland.
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.
Real pay set to be £470 lower per worker each year, say top economists. / “We can’t blame Brexit for all of the 5.2 per cent GDP shortfall … but it’s apparent that Brexit is largely to blame,” said John Springford, author of the CEF study.
EU withdrawal fuelling higher import costs and costing British workers nearly £500 a year, says Resolution Foundation.
The economic fallout from leaving the EU is becoming all too apparent.
A "perfect storm" of Brexit, covid and poor macroeconomic fiscal policies by the Conservatives has weakened Britain's economy and diminished the UK's standing in Europe, says economist Duncan Weldon.
The UK debate about Brexit’s impact on the economy has ranged from non-existent to unserious. Labour is avoiding the subject, to try to regain lost voters in pro-Brexit constituencies, and the government immediately changes the subject to vaccines or free trade deals.
An Amble seafood firm has voiced its Brexit frustrations after a clerical error cost it thousands of pounds. / A consignment from Coquet Island Shellfish Company was rejected by French authorities because a form signed 43 times by a UK official did not include a printed name.
The EU is expected to launch legal action against the UK government on Wednesday over its decision to scrap some post-Brexit trade arrangements.
Trade body Salmon Scotland has reiterated its fears that the UK Government’s decision to unilaterally alter part of the post-Brexit deal it agreed with the European Union could hit trade to the Continent, Scottish salmon’s most important export market.
Voters in Tiverton and Honiton go to the polls next week in what could prove to be one of Johnson's biggest upsets yet.
Brexit was welcomed by many in the UK fishing industry, but overwhelmingly it is now a cause for anger and disappointment. So says a report from the House of Commons All-Party Parliamentary Group (APPG) on Fisheries, which sets out the results of a survey of the sector.
A SCOTTISH business has ceased all international trade after its owner said the impact of Brexit led to long waiting times, missed parcels and exorbitant costs.
Representatives of the Northern Ireland food industry have warned the UK government that scrapping the Northern Ireland Protocol could damage their businesses.
Brexit has cost the UK economy billions of pounds in lost trade and tax revenues, according to research shared with ITV News by the Centre for European Reform. / It estimates the economy is 5% smaller than it would have been if the UK had stayed in the EU.