Labour pledges to ‘tear down’ barriers after new figures reveal Brexit costing UK business £37bn a year

    https://www.independent.co.uk/news/uk/politics/brexit-trade-cost-uk-business-labour-trade-billion-b2719830.html

    Posted by eyupfatman

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    36 Comments

    1. Be-My-Girlfriend on

      Brexit has got to be one of the worst things we did, the irony is things that were suppose to be better from leaving got worse

    2. The same Labour absolutely refusing to move forward on any form of co-operation?

      They know perfectly well how to solve the problems brexit has created. The polls already say nearly 2/3rds of people support it. What will it take? 65%? 70%? 80%? 90%? 100%?

      Amazing how our governments will run toward anything thats self destructive on the thinnest justification and absolutely fear being constructive.

    3. Infamous_Height_2089 on

      It’s easy to tear down the barriers in theory. We undo the error and rejoin. Whether the EU would have us is another matter.
      If we did rejoin, we’d have to be all in. Use the Euro. No opt outs.

    4. Binkeyhackelbacker on

      Never forget those tory cunts destroyed our country. As a child of the thatcher years, it makes me really sad and angry that our collective memory is so shit. 

    5. Being half in & half out is not the best position to be in! It’s almost the worst of all worlds!

    6. Brexit IS the barrier. The sooner we all accept that, the better it is.

      The tricky thing is that doing so will hurt some people’s pride, and to them, suffering through Brexit is preferable to admitting they were wrong, or even deceived.

    7. “New figures”? Experts warned this would happen _before_ the vote. They tried telling all of you who voted for it, but you let populism blind you, left critical thinking at the door, and you fucked us all anyway.

    8. So in other words if they’re so committed to growing the economy, the easiest way to do it would be to rejoin the EU rather than attacking the disabled? 🤦‍♂️

    9. iMightBeEric on

      Costs of things like renovations have gone through the roof compared to pre-Brexit prices circa 2020.

      Pun intended, because our neighbours paid £5000 for a new roof before Brexit came in, now quotes are £13,000. Almost a 3x increase in 5 years.

      We had quotes come back for a relatively small bit of painting recently (2-3 days work) and they came in at £5000-7000 so we did it ourselves in 2.

      So on one hand I’m guessing the builders are benefiting because there’s less competition. But it’s not that black & white. A huge chunk of the price seems to be much higher costs for imported materials.
      Another chunk is for higher wages but the benefits are offset to a degree by rising costs of living as a result of Brexit, and then most importantly people like us are choosing to go without things or do things ourselves where possible because of these rises. Millions of others will be doing the same.

      I get the simplified idea of “fewer immigrants means higher wages” but in reality there are a bunch of negative knock-on effects that result in less money flowing around the economy. I actually agree that immigration rules needed revising, but it was obvious Brexit wasn’t the way.

    10. Is that all? That’s 1.3% of GDP.

      We were told Brexit would be much worse than that.

    11. Leading_Screen_4216 on

      Everyone wants to blame politicians but Brexit voters caused this. They are to blame and they need to take responsibility for it – rather than claiming they wanted some mythical perfect Brexit that never existed.

    12. lemmingswithlasers on

      The money i spend in customs brokerage charges alone would hire another person and i only have a small business.

    13. NeverGonnaGiveMewUp on

      Brought to you by paid up Tories and Farage. None of whom are in prison, instead leading polls or sunning themselves on a beach somewhere.

    14. Ninevehenian on

      They’re still suggesting that UK voters pay the £ 37 bn bill every year? No courage to simply say: “Lets stop this”?

    15. numptydumptie on

      Labour should stop making pledges and get their arse in gear to remove failed asylum seekers and anyone who does not have the right to be in the UK , these people are costing us billions.

    16. 5% not such a disaster then – 95% of trade unaffected, and all young people have jobs , apprenticeships, training and career prospects.

      But yes another opporunity lost by still allowing mass inmigration keeping wages to the minimum, housing costs high, and allowing millions to bask on benefits instead of contributing like the rest of us.

    17. About time, let’s get to EFTA or something similar then in 5 years a referendum to rejoin (Hoi, naysayers:remember we don’t have to adopt euro as currency…just have a plan to adopt it).

    18. South_Dependent_1128 on

      Then focus on CANZUK, the Lib Dems have the right idea that we should be focusing on building trade relations rather than going back and forth all the time. CANZUK can fill the gap left by the EU and give us negotiation power to create trade agreements between CANZUK and the EU.

    19. ShockingShorties on

      I can’t stand neither Starmer nor his Labour ‘government’; but saying this, this a great opportunity to seal the next election.

      But I’m not sure he will take it, as he comes across as too thick and rigid….

    20. Wonderful how Brexit, put in place by the folk who now bring you Reform UK, becomes Labours problem to fix.

    21. £37bn every single year… just say it out loud and weep when you realise that we had it good and gave it all up for the vanity of a few politicians.

      Now our government is grubbing around in the dirt trying to save a few million here and there, so they can reduce government borrowing or maybe invest in filling a few potholes.

      As a country we’re fucked, I honestly don’t see how we get back from this in the short to medium term.

    22. AddictedToRugs on

      This is the total figure when you add imports and exports together, which only a dishonest person would do.  It’s not the nett figure.

    23. JollyTaxpayer on

      *”Tear down barriers”* … How about, **Build the business bridges** that the leavers demolished?

    24. Fit-Courage-8170 on

      How about the UK comes to its senses and just rejoins, time to stop listening to the loonies

    25. ThatGuyMaulicious on

      Of course there’s going to be a drop in trade which is why we need to trade and use more of our internal trade and trade elsewhere besides just Europe.

    26. We have to thank Farage, Boris and Murdoch who promoted Brexit, knowing it would damage the country

    27. Brexit costs the economy 37b in lost revenue each year. How deplorable then is the rhetoric and attack on the weakest in society for being a cause of the shortfall in growth.

    28. I am sick, sick, sick, fuckin sick of hearing about fucking brexit costing X or Y. Give it a fucking rest.

    29. It was just racist old rich people saying they don’t like foreigners. Didn’t work out so great

    30. Everyone who voted remain over this was going to happen, and everyone who voted Brexit had no fucking clue what they were voting for.

    31. Early_Retirement_007 on

      I dont understand why the Labour party isnt doing more to get the coversation going about rejoining the customs union at least or single market. This just tells me that Labour and Starmer in particular is more concerned about power rather than conviction. All he says is that he wants a better deal, but I dont think there is any appetite or energy to revisit this in Brussels with all other stuff that is ongoing.
      I travel a lot to Europe and the fact that you have wait for hours to get your passport stamped every time is so annoying. We have become a third-class country in Europe- it is pretty obvious once you go into that non-EU lane, not to mention the devaluation of the UK passport.

    32. It’s so laughable to me every time I think about it – how on Earth 2nd biggest economy in EU complained about lack of soft power. How on earth it resorted to a referendum that only small countries with actual no pull in EU had to go for in order to force changes on EU benefiting them. But UK master class had the best solution – let’s cripple the businesses, let’s cripple the economy – absolutely one of the top diplomatic flops in modern era.

    33. I really think Independent articles about Brexit shouldn’t be allowed here, they’re akin to Telegraph articles about immigration for being biased editorials rather than news articles.

      A reduction in trade isn’t a “cost” if it’s symmetric and it’s in items that have a comparable cost to create in either market. It just means you’re selling more domestically rather than selling to the export market but having imports from that market displace you domestically.

    34. Even if you come back, you look kinda neurotic to be fair. From an European perspective, you’ve lost your reputation of matter of fact, to the point, no-nonsense kind of people you had.