Exclusive: The damning findings comes as a major new survey shows that 98.2 per cent of businesses want access to the EU single market restored
  • plyth@feddit.orgEnglish
    7·
    10 hours ago

    while exports to the rest of the world have fallen 37.2 per cent.

    That’s impressive. It was supposed to be the opposite.

    That should be a big damper for all national movements that want to leave the EU.

    How can the UK keep on functioning normally?

    • varyingExpertise@feddit.orgEnglish
      4·
      5 hours ago

      That should be a big damper for all national movements that want to leave the EU.

      You can’t reason people out of a corner they didn’t reason themselves into.

  • huppakee@lemmy.worldEnglish
    9·
    15 hours ago

    Brexit is costing the UK £11.7bn a year in lost exports, stark new figures show.

    It comes as a major new business survey by the European Movement UK has revealed that 72.8 per cent of firms say that Brexit has had a negative impact on their businesses, 96.4 per cent say it has had a negative impact on their communities, and 98.2 per cent want the UK to rejoin the EU’s single market.

    UK goods exports by tonnage have fallen 20.7 per cent. Export volumes to the EU have fallen 15.9 per cent, while exports to the rest of the world have fallen 37.2 per cent.

    […] the administrative burden of Britain’s import and export declarations with the EU, which became necessary after Brexit, at £1.8bn in 2022 alone, across 38.6 million declarations. At HMRC’s own timings of 19 to 28 minutes each, that is 15 million hours a year that could have been spent more productively.