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The evidence increasingly shows that our decision to leave the European Union has lifted the price of imported goods, flattened business investment and damaged trade.
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.
Years after Britain quit the European Union, its businesses are still suffering from lower sales as red tape makes it harder to export to the 27-nation bloc.
"The UK chose Brexit in a referendum, but the government then chose a particularly hard form of Brexit, which maximized the economic cost."
A JEWELLERY maker has told how Brexit has made it harder to sell to customers in Ireland than those 4000 miles away in America.
Businesses that make sporting goods, children’s toys, jewellery and medical goods have struggled the most with the border costs imposed by the UK’s decision to leave the EU.
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◈ exports ×5
◈ disruption ×4
◈ trade ×4
◈ business ×4
◈ GDP ×4
◈ economy ×3
◈ customs ×3
◈ investment ×3
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