Analysis: From the economy to Northern Ireland protocol, former chief negotiator has given his verdict
On 23 June 2016, slightly more than half of the UK’s voters, 51.9%, backed leaving the, sending shock waves around the world as the UK started the painful process of divorce from the bloc.
“An interesting question,” was his response. And the answer was not in trade figures but in gut politics. Would Britain’s divisions have healed? But Frost said its predictions could “not be supported by objective analysis” with UK growth “at much the same pace as other G7 countries since the referendum and goods exports to the EU “at the highest level ever”.
This week a Resolution Foundation report said Britain had experienced a sharp decline in trade openness since 2019, falling eight percentage points. This compared with a two-percentage point decline for France, it added.
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