Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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Calls for UK to improve relations with EU after food and drink exports plummet | Food & drink industry | The Guardian

Calls for UK to improve relations with EU after food and drink exports plummet | Food & drink industry | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
Figures reveal impact of Brexit and pandemic, with £2.7bn fall blamed largely on 24% drop in sales to bloc
Graham Watson's insight:

I'll leave this here - one for the costs of Brexit file, I feel. 

 

However, food and drink exports have plummeted, by 16% overall, driven by a 24% decrease in sales to the EU - with a 50% decrease in exports to Spain.

 

The Food and Drink Federation are looking for improved relations between the UK and its largest trading partner in an attempt to help the sector recover. 

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No-deal Brexit 'disastrous' for food firms

No-deal Brexit 'disastrous' for food firms | Macroeconomics: UK economy, IB Economics | Scoop.it
Free trade with the EU post-Brexit is "crucial" for UK food and drink firms, says a committee of MPs.
Graham Watson's insight:

Brexit is a threat to the UK's food and drink firms. Who on earth could have predicted that? 

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Brexit: food and drink exports to EU suffer ‘disastrous’ decline | Food & drink industry | The Guardian

Brexit: food and drink exports to EU suffer ‘disastrous’ decline | Food & drink industry | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
First-half sales fall £2bn, says industry body, as barriers are compounded by staff shortages
Graham Watson's insight:

Oh dear, oh dear! 

 

I can hardly bring myself to comment, but this makes for dreadful reading. 

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