UK trade has shrunk since Brexit while EU thrives - data

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UK trade has shrunk since Brexit while EU thrives - data

BREXIT, according to its backers, was meant to create endless opportunities. So far, however, the UK has failed to make the vote profitable, with the prospect of "global Britain" quickly fading according to recent data.

Since Brexit manifested early this year, the Government has attempted to reforge the many trade deals it held as an EU member. Liz Truss has helped establish several since January 1, setting off ambitious targets to cover 80 percent of UK trade with free trade agreements by 2022. But data from the Bank of England shows that, despite her efforts, the UK's trading prospects have shrunk.