Manufacturers warn of ‘devastating price war’ on consumers if tariffs are enforced in 2024.
The US economist and former Monetary Policy Committee member on how Britain became so poor and where Labour is going wrong.
The move has been dubbed "the most explicit acknowledgement by the UK government that Brexit trade barriers are inflationary."
Brussels’ former Brexit chief urges collaboration on shared challenges and reflects on tumultuous talks.
Sick of customs delays and extra bureaucracy since Britain left the European Union, Farrat, a small manufacturer on the edge of Manchester, is ramping up investment to compensate - in Germany.
Two of London's major summer art fairs have been cancelled this year, with organisers saying Brexit is partly to blame.
As part of a week-long series on the disastrous impacts of Brexit in Scotland, the Daily Record visited fishermen in Peterhead who feel they were 'sold down the river'.
EU and UK businesses will face ‘inevitable’ extra costs while the post-Brexit trade deal remains in place, European Commission Vice-President Maroš Šefčovič warned on Monday (12 June), playing down the prospect of a major overhaul of the agreement.
Barriers to exports and imports in the form of paperwork have caused delays and higher costs - and it could be about to get worse.
New research by the London School of Economics (LSE) has revealed that British households have incurred a £7 billion ($8 billion) cost since Brexit due to trade barriers affecting food imports from the EU.
Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.
LSE researchers estimate that extra barriers on EU food imports have pushed up bills by £250 on average.
HMRC figures analysed by accountancy firm Hazlewoods indicates major decline in fruit sales to EU countries following introduction of trade barriers.
Leaving the EU has added a cost burden to the already record prices households pay for their electricity.
Speaking to Sky News, a former British ambassador to Japan noted the impact of Brexit, saying many companies are maintaining a presence in the UK, but moving the bulk of their operations to Europe. / Asked about the former ambassador's assertion, Labour's shadow environment secretary Jim McMahon told Kay Burley: "To some degree, it's a natural consequence of leaving the single market."
Sir Keir Starmer has told Sky News the UK needs a "better" Brexit deal and has said a government under his leadership would renegotiate with the EU.
European Central Bank research also indicates that a significant number of UK firms have ceased trading with the EU due to increased bureaucracy.
It has been almost two and a half years since the United Kingdom signed its post-Brexit trade deal with the European Union (EU), which was expected to have multifaceted impacts on the UK economy.
Fears of new disruption to fresh produce supply from EU when import controls hit in October.
How has Brexit impacted UK imports? 27/04/2022
Brexit resulted in a 25% fall in imports from the EU and created “a large increase in barriers to trade”, according to research.
The UK economy is yet to feel the worst impacts of Britain’s divorce from the European Union, senior business leaders said, in spite of Prime Minister Rishi Sunak’s recent efforts to smooth relations with the bloc.
Liberal Democrat conference: Tear down 'Tory' trade barriers with Europe to boost economy, says Ed Davey [7 mins] 19/03/2023
Sir Ed Davey said the UK must repair its "broken relationship with Europe" to boost the economy as the Lib Dem leader set out his party's main arguments for winning seats at an election during the spring conference.
Brexit “slammed the brake on UK investment”, SNP economy spokesperson Stewart Hosie has said. / Responding to Chancellor Jeremy Hunt's Spring Budget, Mr Hosie argued the UK economy was “one of the weakest” in the G7.
Brexit created "frictions" in trade that impacted the UK economy, Work and Pensions Secretary Mel Stride has said.