The Single Market: An £85 Billion Train Smash
The EU Single Market stopped being an asset for UK goods exporters a decade ago. Today, UK exports of goods to EU have stalled, imports are surging, and services don’t cover the deficit. The UK's global trade is far healthier — and for good reason. . UK goods exports to EU stalled in 2008 Exports to countries outside the EU are growing quickly The £85 billion deficit in goods trade with EU worsens by £10 bn every year The US does a better trade with EU than UK — and they’re o