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Brexit deal impact in UK is worsening, warn economists
Brexit red tape on British businesses has caused goods trade between the UK and EU to slump and the problem is getting worse, a study has warned. Many smaller UK producers have given up exporting small amounts to the EU after facing more rules and regulations, a report by Aston University Business School has found. Between 2021 and 2023, the study calculated that UK goods exports to the EU were down 27% and imported goods were 32% lower than where they would have been had Brexit not happened. The report does not include the service sector, which has performed better than many experts had expected since Brexit. The ... (full story)
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- Posted: Sep 17, 2024 5:33pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,339
