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Brexit 5 years on

June 29, 2021 12:17 PM

The effects of Brexit are on a slow fuse but some trends are now becoming clear.

Our trade with the EU has fallen by a fifth in the first 3 months of 2021.

Cumulatively exports of services are now more than £100 billion below what pre-Brexit forecasts anticipated.

Farmers are losing 25% of their basic grant this year.

We have fallen from first to fifth in the ranking of states winning EU scientific research funding.

The Northern Ireland Protocol, signed by Boris Johnson, has caused political chaos in Belfast.

The new Australian trade deal will allow Australian exports to the UK to rise by six times more than British exports to Australia.

The Americans are considering a new type of world powers grouping - the US, the EU, India, China, Russia & Japan - which doesn't include Britain.

The public is beginning to notice. 27% would now re-join, and 22% would favour a stronger relationship.