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12 September 2022

Michael Gasiorek is Director of the UK Trade Policy Observatory and Co-Director of the Centre for Inclusive Trade Policy. He is Professor of Economics at the University of Sussex Business School.

Once again, the UK has a new Prime Minister, a new cabinet, and thus a new Secretary of State for International Trade. This is the 4^th Secretary of State for trade in five years! (more…)

Cosmo Rana-Iozzi September 12th, 2022

Posted In: UK - Non EU, UK- EU, Uncategorised

Tags: agriculture, Australia, Brexit, China, Climate policy, Conservatives, CPTPP, digital trade, Free Trade Agreement, new zealand, Services, supply chains, trade, Trade agreements, Trade and Cooperation Agreement, trade negotiations, trade policy, World Trade Organization

Key Findings:

To date, the UK government has signed no new trade agreements relative to what it would have had as a continuing member of the EU.
The Government estimates that the two agreements in principle announced this year (Australia and New Zealand) will increase UK Gross Domestic Product by between £200 and £500 million annually – that is, 0.01% to 0.02% (one to two ten-thousandths) of GDP or between £3 and £7 per head of population – and that only after they have bedded down over 15 years or so .

We were asked to sum up the economic benefits of the UK’s new post-Brexit trade agreements. Our first observation is that if we take as a starting point the trade agreements that the UK would have been party to as a member of the EU, the government has, to date, signed no new trade agreements! (more…)

Charlotte Humma November 8th, 2021

Posted In: UK - Non EU, UK- EU

Tags: Australia, Brexit, Economic benefit, Free Trade Agreement, GDP, new zealand, Trade agreements

44 Comments

New Government, new trade policy?

The UK’s new Trade Agreements: Curb your Enthusiasm

Key Findings:

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