In the FY ending March 2023, in just the LATAM region, the UK was able to remove 34 trade barriers to UK exporters - with 24 of these having been forecast to be worth £1.3 billion to the UK economy. These changes would not be possible from inside the EU.
In the year to March 2022, the UK trade department managed to resolve 192 tariff barriers across 79 countries. Just 45 of those 19 barriers were estimated to be worth an extra £1 Billion a year to UK businesses (around 0.03% of GDP in 2022).
EU members cannot trade in Swiss equities, due to a ban put in place in 2019. The UK was able to return and expand this trading, which is worth about £1.6bn a day, and so about £8m a day to HMRC. That's just over £2bn a year in additional tax revenue.
By Ewen Stewart – 4 minute read THE BRITISH STATE is failing. Almost all agree regardless of political hue. Economic growth per head of population, since late 2019, has been the worst in 200 years. The scale of the increase in the size of the state is unprecedented in peace time.
By Catherine McBride – 6 minute read IN AN ARTICLE published by the Financial Times on 25th April the FT perpetuated five tired self-serving myths about farming and food exports from protectionists who fear competition.
