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There's deep disquiet in the food trade over forthcoming sanitary checks. When such checks were previously required, some UK companies were forced to stop exporting.
31 January marks the two-year anniversary of the UK’s official withdrawal from the EU. Investment Monitor examines how hard Brexit has hit the UK economy so far.
Some of these are hopefully short-term issues and can be recovered from. Another problem, however, is contributing to the hardship faced by Scottish households and will do so for the long term: Brexit.
Jonathan Portes assesses the extent to which predictions about trade and migration before the Brexit vote have materialised, highlighting that trade has been reduced by additional barriers but the extent to which liberalisation would increase migration flows in the short term was underestimated.
Unprecedented global conditions have lacerated the UK economy. Yet it's a situation that's been considerably worsened by Brexit.
Six years after the referendum we can disentangle the evidence and judge the effects on health and care, says Richard Vize.
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.
Now that many advanced economies have recovered and are close to – or above – their pre-pandemic level of output, we can compare Britain’s economic performance to its peers. The results are troubling.
While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”
Tor Mackenzie, Founder of MAD Yorkshire takes stock of the issues created by Brexit and how the industry can bounce back.
Continuing the letter to Jacob Rees-Mogg, reminding him – he seems to need reminding – of the many new opportunities created by Brexit.
Importing cars from the UK to Ireland is not a new phenomenon. For decades motorists have been looking across the pond for better deals on superior spec vehicles. However things have shifted radically in the past 12 months.
In September 2021, UK goods trade was 11.2 per cent, or £8.5 billion, lower than it would have been if the UK had stayed in the EU’s single market and customs union.
Paul Newberry is a consultant aerospace engineer and he’s saddened by Brexit and the loss of opportunity and restriction of freedom it brings to people young and old ... including his son who followed him into the business). It’s bad news for the UK’s future scientists, engineers and innovative industries as a whole.
It would be wrong to focus too much on 2021 when looking at the effects of Brexit on UK trade. We have just published a new paper looking at how it affected UK trade between 2015 and 2018. It shows for the first time that fears about Brexit weakened the UK’s trading position long before the vote to leave the EU even took place.
The former prime minister’s hollow catchphrase captured a fundamental truth—just not the one she thought it did.
Figures from the ONS today tell us what happened to trade in July. It’s been a few months since we checked on what’s been happening to trade with the EU and other nations since the UK left the Single Market in January, so let’s see what we’ve learned over the summer.
The UK’s trade agreement with Australia led to British farmers and associations voicing concerns about unfair competition and a lowering of food standards.
PSA Part’s Sales Director, Nick Walsh looks at how Brexit is impacting cross European border trade for the tech channel and how companies can look to address these challenges.
Even the keenest Brexiteer must feel that the process has been tortuously long. / That has been, in large part, because successive British governments have refused to accept the trade-off between untrammelled sovereignty and friction-free access to the EU’s single market, a refusal that shapes today’s increasingly testy relationship.
Far from minimal disruption, the full impact of leaving the EU may take 15 years to appear.
New trade figures out today show another small increase in Britain’s trade with the EU in March after a big drop after the UK left the single market in January. But trade still remains well below pre-pandemic levels, even as trade with other nations has recovered much more strongly after the initial shock of the pandemic to be only 4% lower in March 2021 than two years previously.
It was Boris Johnson’s choice to prioritise “sovereignty” over the economy – and Britain is already paying the price.