Centre for European Reform

Brexit has depressed UK exports to the EU by 12%, and rejoining the customs union would undo only a fraction of the damage, research shared with the Guardian shows. With the UK’s future relationship with the bloc likely to feature prominently in a potential Labour leadership contest, the economists John Springford and Anton Spisak, of the Centre for European Reform, provide fresh evidence of the damage caused by exiting.

Research seen by The Guardian has found goods exports to the bloc are 16 per cent lower than they would have been, while services sector exports are 7 per cent lower.  John Springford and Anton Spisak, of the Centre for European Reform, said the data shows the “overwhelming majority” has been caused by leaving the single market.

Bijušais Lielbritānijas vēstnieks Latvijā, domnīcas "Eiropas Reformu centrs" vadītāja vietnieks Īans Bonds atzīst, ka zaudējums valstij ir tas, ka Londona nebija pie sarunu galda svarīgu sarunu vai lēmumu pieņemšanas laikā.

 
John Springford, of the Centre for European Reform, said: “The investment strike started in 2016 and continued through to 2021-22, and then it started to rise again once certainty about the trading relationship had been established.
“That has an impact on productivity. It means workers don’t have the best kit, and existing capital [equipment and buildings] is deteriorating, so you certainly assign some of the GDP losses to that.
“Brexit is more a story of stagnation, and a slow puncture, than of recession and rising unemployment.”