Brexit is ‘stifling’ Britain’s trade with Europe and the problem is getting worse

3 comments

1. “Brexit is having “profound and ongoing stifling effects” on goods trade between the United Kingdom and the European Union, according to a new report that adds to evidence of the economic damage wrought by Britain’s exit from the world’s largest trading bloc.

   This suggests that the transition in UK-EU trade relations post-Brexit is not merely a short-term disruption but reflects deeper structural changes likely to persist.

   Without urgent policy interventions, the UK’s economic position and place in the global market will continue to weaken.

   Over the long run, the new trading relationship is expected to reduce Britain’s output by 4% compared with what it would have been if the country had remained in the EU, according to the Office for Budget Responsibility, which produces economic forecasts for the government.”

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   Far right extremists tories…..are you great again…yet?……👹

2. Brexit was Putin stoking up xenophobia in Britain to make them shoot themselves in both feet and weaken both the EU and UK.

3. Short term problem. More goods will be produced in Britain long term.