New figures reveal Brexit costing UK business 37bn a year
Briefly

The Independent highlights the critical role of journalism in addressing current issues like reproductive rights, climate change, and trade relations post-Brexit. New figures show that Brexit has resulted in a £37 billion annual cost to UK businesses, as trade with the EU has decreased by 5% since leaving the bloc. Trade Minister Douglas Alexander has criticized the previous Conservative government’s deal, asserting a commitment to removing trade barriers. Labour leader Keir Starmer is advocating for a reset in relations with the EU, aiming to restore and strengthen the UK's position in future discussions.
The price of the UK's departure was laid bare as the government said the UK's total trade with the EU was 5 per cent lower than before we left the bloc.
Ministers have pledged to tear down barriers to trade with the European Union after new figures showed Brexit has cost UK business 37bn a year.
Labour is currently negotiating a reset of relations, in a deal Keir Starmer has said will repair the UK's damaged relationship with the EU for the benefit of generations to come.
Trade minister Douglas Alexander hit out at the Brexit deal agreed by the previous Conservative government, saying it was clear it is not working well enough.
Read at www.independent.co.uk
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