New research from economics experts at Aston University has found Brexit has caused a largely negative effect on UK services trade since the EU referendum.

THE UK's decision to break away from the EU cost service exports more than £110 billion over a four-year period, new research has shown.

Research by the Centre for Business Prosperity at Aston University has shown that UK exports to the EU fell by an average of 22.9% in the first 15 months after the introduction of the EU-UK Trade and Cooperation Agreement, highlighting the continuing challenges that UK firms are facing.

Warning that crisis will ‘get worse as businesses see that there is not much going on in UK-EU negotiations’.

Experts found that UK services exports between 2016 and 2019 were £113 billion lower than they would have been if not for Brexit.

State’s 2016-2019 services exports £126bn higher than projections based on prior trends

A summit crucial to the issue of climate change is instead mired in disentangling the mess of Britain’s exit from the EU