Brexit turkeys

Next year is going to be a tough year for the UK economy. Sleepwalking into recession and delivering the worst economic performance of all G7 countries, with Brexit a fundamental cause of this.

Further evidence, if any were needed, of the damaging impact of Brexit, is the recent researchbythecentreforbusiness Prosperity at Aston University. This has found that withdrawal from the European Union and the introduction of the EU-UK Trade and Cooperation Agreement has resulted in a 22.9 per cent slump in UK exports.

According to this research, the UK has also experienced a significant contraction in the variety of goods being exported to the EU, with an estimated loss of 42 per cent of product varieties.

This considerable contraction of the UK trade capacity, combined with an increased concentration of export values to fewer products, signifies some serious long-term concerns about the UK’S future exporting and productivity.

It is yet another example, to add to the growing list, of Brexit being one of the greatest acts of economic self-harm by a nation and is a perfect case of where turkeys have indeed voted for Christmas.

ALEX ORR Edinburgh