Two years after Britain’s departure from the European Union, bosses of UK businesses are reeling from the cost of Brexit, including some who voted to cut ties with Brussels.
From queues in Dover to rising food prices, Brexit has been blamed for a number of things impacting families. But it has given us Rishi Sunak's 'Brexit pub guarantee' - here we look at the good, the bad and the ugly consequences.
THERE is “no desire in Scotland to have membership of the EU”, Scotland Secretary Alister Jack has claimed despite significant evidence to the contrary. / "So does it come as a surprise to the secretary of state that a poll last year showed 69% of Scottish voters want to rejoin the EU?”
THERE have been no advantages to leaving the European Union, the Constitution Secretary has said on the second anniversary of the end of the Brexit transition period.
Brexit added £210 to the average household food bill in the two years to the end of 2021, new research suggests.
Extra checks and requirements on goods crossing the border has increased food prices by 6% overall, says the Centre for Economic Performance.
Brexit added almost £6bn to UK food bills in the two years to the end of 2021, London School of Economics (LSE) researchers have discovered.
Brexit piled on an average of £210 extra to household food bills in two years, a fresh research paper has found.
“The entirely avoidable Brexit crisis has had as much of an impact on UK businesses as the unforeseeable Covid-19 tragedy, and its costs are still rising."
Brexit and pandemic have cost UK businesses £250bn each but EU departure tally now rising faster than Covid disruption
25/01/2022
The political choice of Brexit has cost UK businesses as much as the unforeseeable Covid pandemic.
Economists say border costs added £7 billion to grocery bills. / Study comes as ONS data shows food prices driving inflation.
LSE researchers estimate that extra barriers on EU food imports have pushed up bills by £250 on average.
British households have paid £7bn since Brexit to cover the extra cost of trade barriers on food imports from the EU, according to researchers at the London School of Economics (LSE).
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.
Extra trade barriers created by Britain's exit from the European Union and subsequent trade agreement have added 6% to the cost of food, researchers from the London School of Economics and other universities estimated on Wednesday.
Brexit border checks on goods have forced up prices as food firms have to hire thousands more staff to wade through the new red tape, researchers found.
Trade friction has ‘clear and robust’ impact on supermarket prices, say economists.
Brexit has clobbered smaller businesses
30/04/2022
It has raised prices, too.
EU departure putting £5.8 billion on total UK supermarket spend, Centre for Economic Performance finds.
Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.
Research has revealed that during the two years leading up to the end of 2021, Brexit cost UK consumers a total of £5.8 billion in food bills.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
Brexit has damaged Britain’s competitiveness, and will make us poorer in the decade ahead
22/06/2022
Brexit has not had the expected effect of narrowly reducing exports to the EU, but has instead more broadly reduced how open and competitive Britain’s economy is, which will reduce productivity and wages in the decade ahead, according to new joint Resolution Foundation and LSE research.
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.
Brexit has reduced the competitiveness of the British economy, with alarming implications for productivity and wages, according to the Resolution Foundation.