The past, present and future of UK trade

The UK is losing ground internationally - but there is hope.

Dec 14, 2023

∙ Paid

The UK’s trade deficit widened a bit in October. But this chart shows that this is a minor blip. The trade deficit has been gradually closing for over a year now. Hooray! The UK is regaining its international competitiveness!

(All charts from the ONS unless otherwise stated)

Not so fast. This is not the post-Brexit export boom we were promised. Quite the…

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