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Topic: Re:Brexit Britain becomes the world's fourth BIGGEST exporter
Posted by: Peter Higgins
Date/Time: 11/04/24 18:14:00

This doesn't indicate that Brexit has been a success. Nearly all this growth has come from the services sector and that in turn is mainly in London. Although not being in the Single Market has caused problems for these industries, they are not on the same scale as for goods.

Talk to anyone who works in the City of London and they'll tell you that, although Brexit was a terrible idea, the financial services industry has largely been able to adapt and limit the damage.

We are the only major economy which has over 50% of exports in services so we are performing relatively compared to others which have a much larger manufacturing sector which has been hit by falling demand, high energy costs and competition from China.

Just how bad our trade in goods has got due to the huge barriers imposed by leaving the Single Market is partly masked by us being an energy exporter and therefore benefiting from higher prices as well strong demand from the one area of manufacturing where we excel - arms.


Entire Thread
TopicDate PostedPosted By
Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 10:33:00 Sue Hammond
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 12:26:00 Ivonne Holliday
      Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 12:35:00 Robert Wheeler
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 14:04:00 Lucille Grant
   Reply11/04/24 17:54:00 Michael Ixer
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter11/04/24 18:14:00 Peter Higgins
      Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter13/04/24 12:28:00 John Hawkes
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter12/04/24 16:28:00 Lisa Cottam
      Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter13/04/24 07:46:00 Ed Robinson
         Re:Re:Re:Brexit Britain becomes the world's fourth BIGGEST exporter13/04/24 09:52:00 Robert Wheeler
   Reply15/04/24 16:42:00 Michael Ixer
      Re:Reply15/04/24 16:46:00 Ivonne Holliday
   Reply19/04/24 22:12:00 Michael Ixer
      Reply19/04/24 22:56:00 Michael Ixer
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter20/04/24 08:27:00 Julia Weems
   Re:Brexit Britain becomes the world's fourth BIGGEST exporter22/04/24 16:19:00 Jonathan Callaway
   Reply22/04/24 20:34:00 Michael Ixer
      Re:Reply23/04/24 10:30:00 Jonathan Callaway
         Re:Re:Reply23/04/24 10:41:00 Richard Carter
            Re:Re:Re:Reply23/04/24 21:25:00 Ed Robinson
   Reply23/04/24 12:10:00 Michael Ixer
   Yet another illusory Brexit "benefit"!03/05/24 08:57:00 Richard Carter

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