Tag: non-tariff barriers

Is Britain winning or losing from Brexit?

Brexit pessimists are having a field day following official confirmation that UK exports to the EU slumped in January – and they have a point. Anything that increases the cost of doing business across borders was always likely to reduce trade. Nonetheless, the first month’s trade figures after the end of the transition period are … Continue reading Is Britain winning or losing from Brexit?

Have UK exports to the EU really been ‘slashed by 68%’?

The lead in Sunday’s Observer (7th February) was ‘Fury at Gove as exports to EU slashed by 68% since Brexit’. If this headline is right, this is indeed a ‘Brexit disaster’. Fortunately, some basic due diligence suggests that it’s over the top. The Observer claims that ‘the volume of exports going through British ports to … Continue reading Have UK exports to the EU really been ‘slashed by 68%’?