Share this article: Facebooktwitterredditpinterestlinkedinmail

12 September 2022

Michael Gasiorek is Director of the UK Trade Policy Observatory and 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 4th Secretary of State for trade in five years! (more…)

September 12th, 2022

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

Tags: , , , , , , , , , , , , , , , , ,

Leave a Comment

Share this article: Facebooktwitterredditpinterestlinkedinmail

23 May 2022

Peter Holmes is a Fellow of the UK Trade Policy Observatory and Emeritus Reader in Economics at the University of Sussex Business School

UK trade with Europe has significantly fallen off (see UKTPO BP 63 for an early assessment). UK GDP has fallen by 4%. If we cancel the Northern Ireland Protocol (NIP) – which is all the talk at the moment – the economic consequences of Brexit will get worse and let’s not even think about the political consequences. Is any of this fixable? Yes, if we look ahead to 2025 when the Brexit agreement with the EU—formally known as the EU-UK Trade and Cooperation Agreement (TCA) —is up for its 5-yearly review. UK stakeholders, including political parties planning their manifestoes ahead of the next UK general election in 2024, should consider their Brexit positions now – but it’s not a case of leave or remain, rather a case of ‘tweak the Brexit agreement to something that better suits us’. (more…)

May 23rd, 2022

Posted In: UK- EU

Tags: , , , , ,

One Comment

Share this article: Facebooktwitterredditpinterestlinkedinmail

11 February 2022

Nicolo Tamberi is Research Officer in Economics at the University of Sussex and Fellow of UKTPO.

With trade data for the full year 2021 just released, we update our earlier estimates of the UK-EU Trade and Cooperation Agreement’s impact on bilateral trade between the UK and the EU for the first year of the agreement. (more…)

February 11th, 2022

Posted In: UK- EU

Tags: , , ,

Leave a Comment

Share this article: Facebooktwitterredditpinterestlinkedinmail

23 July 2021

Nicolo Tamberi is Research Officer in Economics at the University of Sussex and a fellow of the UKTPO.

We have updated our estimates of the effects of the introduction of the Trade and Cooperation Agreement (TCA) on UK-EU trade in 2021 through to April. The methodology used was described in the UKTPO briefing paper 57 (see the appendix for details). We find that over the period January-April 2021, the TCA reduced UK exports to the EU by 18.7% and imports from the EU by 25.8% compared to the scenario in which the UK did not leave the EU. (more…)

July 23rd, 2021

Posted In: UK- EU

Tags: , , , ,

2 Comments