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The Independent UK
The Independent UK
David Maddox

Revealed: Brexit has reduced UK exports by £27bn, new report claims

A damning report has revealed that British exports have been hit with a £27 billion loss as a result of Brexit.

The paper by the Centre for Economic Performance (CEP) has found that Boris Johnson’s Trade and Cooperation Agreement (TCA) has reduced total goods exports from the UK by an estimated £27bn (or 6.4 per cent) in 2022 – due to a 13.2 per cent fall in the value of goods exported to the EU.

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