Tag: exports

Brexit Britain’s resilient services sector is proving the gloomsters wrong

Many people raised concerns about the patchy coverage of services in the Brexit deal negotiated between the UK and EU, known as the Trade and Cooperation Agreement (TCA). The gaps have already caused some significant problems, especially for smaller firms. In principle, the TCA offered extensive market access for UK services businesses, including the mutual … Continue reading Brexit Britain’s resilient services sector is proving the gloomsters wrong

Importing is “GREAT”, too

The UK government promotes international trade under the banner ‘Exporting is GREAT’. This is laudable, but the economic benefits of free trade come mainly from what countries import, rather than from what they sell overseas. This is the main message from a paper I wrote recently for the Institute of Economic Affairs. Of course, it is not … Continue reading Importing is “GREAT”, too

Brexit: the good, the bad, and the little bit ugly

How time doesn’t always fly. It is a long five years since the UK voted to leave the EU in the 2016 referendum and the country still seems as divided about the impacts as ever. But as a Leave voter and Brexit optimist, I’m feeling increasingly positive. Let’s start with three things that have gone … Continue reading Brexit: the good, the bad, and the little bit ugly

Brexit tide is finally turning

Brexit is not yet done and there are plenty of problems that still need fixing, especially in Northern Ireland and in the service sectors. Nonetheless, public perceptions of Brexit have improved significantly, business concerns are fading, and now we have hard evidence of a quick rebound in UK goods exports to the EU too. According … Continue reading Brexit tide is finally turning