Brexit is having “profound and ongoing stifling effects” on goods trade between the United Kingdom and the European Union, according to a new report.

The impact on UK businesses from Brexit’s red tape is only getting worse as time goes on, a new report has found. According to Aston University Business School, the value of UK goods exported to the UK was 27% lower – and imported goods 32% lower – compared to what the economy may have looked like if Brexit had not happened.

A new study suggests that the economic slump caused by the change in UK-EU relations post-Brexit is not just a short-term hiccup, but likely to persist. View on euronews

Trade friction caused by the Brexit deal has pushed down import and export volumes, and the problem is getting worse, a study has warned. Aston University found t

New research has proven that Brexit has damaged the UK’s trade but an expert has warned things could get worse with the new border checks system