THE FUTURE OF UK TRADE: MERGED REALITIES OF BREXIT AND COVID-19

On 5 October, Baker McKenzie released a new report which explores how the pandemic, coupled with an eventual deal or No-Deal Brexit, will impact the bottom-line of UK businesses and the economy.  It looked at how a No-Deal Brexit will affect 4 UK goods manufacturing sectors — automotive, consumer, healthcare and technology — as well as UK GDP over the next decade.  It reveals the real costs of both Brexit and the COVID-19 crisis in the long-term, forecasting a potential £134 billion (6%) reduction in UK GDP over the next decade as compared with 2019, as a result of the impact of the pandemic and a potential No-Deal Brexit.

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s