Merry Brexit
On Brexit from The Guardian in Dec 2024
Brexit cost UK £27bn in lost trade in first two years, review finds
The good news…
Despite fall in trade, LSE study says overall impact was more limited than OBR forecasters first estimated
… and the not so good news, emphasis is mine
“We find that, through the end of 2022, the TCA reduced goods trade by less than half as much as the OBR projected. That said, the OBR number is a long-run projection and we only study the first two years of the TCA.
“The TCA has been a disaster for small exporters, many of which have simply stopped exporting to the EU…”
“Consequently, we find that, at least in the short run, aggregate trade proved moderately resilient to disintegration.”
(BTW, would you fly to your winter holiday destination in a plane that was moderately resilient to disintegration?)
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British food exports to EU ‘have fallen £3bn a year since Brexit’
Centre for Inclusive Trade Policy report finds trade flows have shown no signs of returning to previous levels
“Brexit has increased costs, spawned previously undreamt-of bureaucracy and seriously damaged trade.”
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Faced with Trump and Farage, Britain’s natural ally is Europe
The Labour party’s determination to stick to Brexit simply condemns the UK to fight a lone hand against the far-right forces ranged against it
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Rachel Reeves’ push to improve EU ties remains boxed in by red lines
Chancellor’s visit to EU meeting looks for smoother trade to improve growth but youth mobility scheme remains sticking point
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Starmer faces first major Brexit test as unionists request Stormont brake
UK government has been asked to veto EU law update applying in Northern Ireland relating to chemical labelling
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The latest cost of Brexit is about to hit – and voters are watching. Will Labour act?
New EU trade regulations will cause further pain for the UK. Starmer’s talk of breaking down barriers must be more than warm words
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Anyway, have a Merry Christmas and a Better New Year 2025
