Staggering post-Brexit divergence between (strong) services and (very very weak) goods trade continues
December 10, 2024 at 3:58 PM
Staggering post-Brexit divergence between (strong) services and (very very weak) goods trade continues
So much winning...
* UK services exports to EU have declined by 16%
* UK services exports 4-5% lower due to Brexit
* Losses have not been offset by increased trade with non-EU markets
- British Chambers of Commerce
Research by @shaniabhalotia.bsky.social, @swatidhingra.bsky.social, Danyal Arnold
* UK services exports to EU have declined by 16%
* UK services exports 4-5% lower due to Brexit
* Losses have not been offset by increased trade with non-EU markets
- British Chambers of Commerce
Research by @shaniabhalotia.bsky.social, @swatidhingra.bsky.social, Danyal Arnold
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 19, 2025 at 7:35 AM
So much winning...
* UK services exports to EU have declined by 16%
* UK services exports 4-5% lower due to Brexit
* Losses have not been offset by increased trade with non-EU markets
- British Chambers of Commerce
Research by @shaniabhalotia.bsky.social, @swatidhingra.bsky.social, Danyal Arnold
* UK services exports to EU have declined by 16%
* UK services exports 4-5% lower due to Brexit
* Losses have not been offset by increased trade with non-EU markets
- British Chambers of Commerce
Research by @shaniabhalotia.bsky.social, @swatidhingra.bsky.social, Danyal Arnold
“The services sector is our most important economic asset, accounting for 80% of total UK output. However, the latest research by London School of Economics (LSE) shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers. “
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 19, 2025 at 5:38 AM
“The services sector is our most important economic asset, accounting for 80% of total UK output. However, the latest research by London School of Economics (LSE) shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers. “
⬇️ British services exports are thought to be around 4-5% lower than they would have otherwise been without Brexit.
❌ That equates to billions of pounds in lost revenue for British businesses every year.
https://www.britishchambers.org.uk/news/2025/08/the-reality-of-uk-services-trade-post-brexit/
❌ That equates to billions of pounds in lost revenue for British businesses every year.
https://www.britishchambers.org.uk/news/2025/08/the-reality-of-uk-services-trade-post-brexit/
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 19, 2025 at 10:40 AM
⬇️ British services exports are thought to be around 4-5% lower than they would have otherwise been without Brexit.
❌ That equates to billions of pounds in lost revenue for British businesses every year.
https://www.britishchambers.org.uk/news/2025/08/the-reality-of-uk-services-trade-post-brexit/
❌ That equates to billions of pounds in lost revenue for British businesses every year.
https://www.britishchambers.org.uk/news/2025/08/the-reality-of-uk-services-trade-post-brexit/
The services sector is our most important economic asset, accounting for 80% of total UK output. However, the latest research by London School of Economics (LSE) shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 23, 2025 at 1:21 PM
The services sector is our most important economic asset, accounting for 80% of total UK output. However, the latest research by London School of Economics (LSE) shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers
Services, which account for 80% of UK output, "have declined by around 16% in the EU markets most affected by Brexit-related trade barriers".
www.britishchambers.org.uk/news/2025/08...
www.britishchambers.org.uk/news/2025/08...
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 19, 2025 at 5:59 AM
Services, which account for 80% of UK output, "have declined by around 16% in the EU markets most affected by Brexit-related trade barriers".
www.britishchambers.org.uk/news/2025/08...
www.britishchambers.org.uk/news/2025/08...
Brexit “quietly fetters access to the €18tn continental economy that lies on the UK's doorstep.”
“Each year we are outside the EU is another year in which we are poorer than we need to be”
Absolutely not the actions of a country that has got its shit together.
giftarticle.ft.com/giftarticle/...
“Each year we are outside the EU is another year in which we are poorer than we need to be”
Absolutely not the actions of a country that has got its shit together.
giftarticle.ft.com/giftarticle/...
Post-Brexit Britain is still searching for an economic model
The services industries that account for most of the UK’s exports are themselves squeezed by trade barriers
giftarticle.ft.com
June 17, 2026 at 6:38 AM
Brexit “quietly fetters access to the €18tn continental economy that lies on the UK's doorstep.”
“Each year we are outside the EU is another year in which we are poorer than we need to be”
Absolutely not the actions of a country that has got its shit together.
giftarticle.ft.com/giftarticle/...
“Each year we are outside the EU is another year in which we are poorer than we need to be”
Absolutely not the actions of a country that has got its shit together.
giftarticle.ft.com/giftarticle/...
NEW POST: The Carney Honeymoon is Over
emmettmacfarlane.substack.com/p/the-carney...
emmettmacfarlane.substack.com/p/the-carney...
The Carney Honeymoon is Over
Donald Trump resumed his attacks on Canadian sovereignty this past week, withdrawing from trade talks because someone apparently told him the Canada’s digital services tax were due to kick in.
emmettmacfarlane.substack.com
June 30, 2025 at 3:27 AM
NEW POST: The Carney Honeymoon is Over
emmettmacfarlane.substack.com/p/the-carney...
emmettmacfarlane.substack.com/p/the-carney...
With the escalation of the US-Canada trade war and oil prices expected to spike even further, I wouldn't be surprised if more companies stop doing free shipping and free returns as well as raise rates for both of those services. Also more financial pressure on USPS and Canada Post.
September 17, 2026 at 9:43 PM
With the escalation of the US-Canada trade war and oil prices expected to spike even further, I wouldn't be surprised if more companies stop doing free shipping and free returns as well as raise rates for both of those services. Also more financial pressure on USPS and Canada Post.
Brexit is battering our services sector, exports to the EU are down nearly 16%, with red tape, licensing hurdles and loss of mutual recognition costing firms clients and cash.
www.britishchambers.org.uk/news/2025/08...
www.britishchambers.org.uk/news/2025/08...
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 20, 2025 at 2:07 PM
Brexit is battering our services sector, exports to the EU are down nearly 16%, with red tape, licensing hurdles and loss of mutual recognition costing firms clients and cash.
www.britishchambers.org.uk/news/2025/08...
www.britishchambers.org.uk/news/2025/08...
not that lqg would ever think of this, but in the post-chunshan era, you could trade that fan for so many goods and services it might as well be gamer girl bath water
November 27, 2024 at 4:28 PM
not that lqg would ever think of this, but in the post-chunshan era, you could trade that fan for so many goods and services it might as well be gamer girl bath water
UK trade must not be based on ‘post-imperial delusions’, says Douglas Alexander https://on.ft.com/3IeTF2n
UK trade must not be based on ‘post-imperial delusions’, says Douglas Alexander
New strategy will boost services exports and strengthen defences against dumping
on.ft.com
June 25, 2025 at 5:17 PM
UK trade must not be based on ‘post-imperial delusions’, says Douglas Alexander https://on.ft.com/3IeTF2n
I'm doing my required post-bankruptcy filing training course & the formal US gov-approved tips for not being poor anymore include: working a second job, working longer hours, selling your possessions, not talking on the phone, not repairing your home, quitting clubs, & trying to trade goods/services
August 10, 2025 at 6:05 PM
I'm doing my required post-bankruptcy filing training course & the formal US gov-approved tips for not being poor anymore include: working a second job, working longer hours, selling your possessions, not talking on the phone, not repairing your home, quitting clubs, & trying to trade goods/services
The Business Secretary is currently in Japan.
He's used it as a chance to pop in to the Fujistu offices to speak to them about making contributions to the compensation scheme for the Horison/Post Office scandal.
Looks like we might be getting some of the compensation money back from Fujitsu!
He's used it as a chance to pop in to the Fujistu offices to speak to them about making contributions to the compensation scheme for the Horison/Post Office scandal.
Looks like we might be getting some of the compensation money back from Fujitsu!
Joint Statement: Business Secretary and Fujitsu Services Ltd
Joint Statement by UK Business and Trade Secretary Jonathan Reynolds and Paul Patterson, Director, Fujitsu Services Ltd, on Horizon redress
www.gov.uk
March 7, 2025 at 7:05 PM
The Business Secretary is currently in Japan.
He's used it as a chance to pop in to the Fujistu offices to speak to them about making contributions to the compensation scheme for the Horison/Post Office scandal.
Looks like we might be getting some of the compensation money back from Fujitsu!
He's used it as a chance to pop in to the Fujistu offices to speak to them about making contributions to the compensation scheme for the Horison/Post Office scandal.
Looks like we might be getting some of the compensation money back from Fujitsu!
Canadian stocks benchmark quickly dropped on Friday after US President Donald Trump said in a social media post that he was ending all trade discussions with Canada
Canadian Stocks Fall as Trump Ends Trade Talks With Nation
Canada’s equities benchmark quickly dropped on Friday after US President Donald Trump said in a social media post that he was ending all trade discussions with the country, claiming that it is implementing a digital services tax.
bloom.bg
June 28, 2025 at 4:00 AM
Canadian stocks benchmark quickly dropped on Friday after US President Donald Trump said in a social media post that he was ending all trade discussions with Canada
‼️New report out today 'Trading blows' with @sophiehale.bsky.social
We reflect on the UK's trade landscape post-Brexit and Covid - e.g. that exports of some highly regulated professional services – like accounting & tax, engineering, and legal – are growing slower than the average service sector.
We reflect on the UK's trade landscape post-Brexit and Covid - e.g. that exports of some highly regulated professional services – like accounting & tax, engineering, and legal – are growing slower than the average service sector.
December 4, 2024 at 3:00 PM
‼️New report out today 'Trading blows' with @sophiehale.bsky.social
We reflect on the UK's trade landscape post-Brexit and Covid - e.g. that exports of some highly regulated professional services – like accounting & tax, engineering, and legal – are growing slower than the average service sector.
We reflect on the UK's trade landscape post-Brexit and Covid - e.g. that exports of some highly regulated professional services – like accounting & tax, engineering, and legal – are growing slower than the average service sector.
Hard data proves Brexit was a war on working people.
Cutting ourselves off from EU supply chains hit turnover, cut hours, and lowered weekly pay.
Slogans didn't protect British workers. 👇 #RejoinEU
Cutting ourselves off from EU supply chains hit turnover, cut hours, and lowered weekly pay.
Slogans didn't protect British workers. 👇 #RejoinEU
Post-Brexit trade policy hit supply chains and workers | LSE British Politics
After Brexit, declines in trade led to less employment and lower pay for workers– with firms importing both goods and services hit the hardest.
blogs.lse.ac.uk
June 27, 2026 at 5:40 AM
Hard data proves Brexit was a war on working people.
Cutting ourselves off from EU supply chains hit turnover, cut hours, and lowered weekly pay.
Slogans didn't protect British workers. 👇 #RejoinEU
Cutting ourselves off from EU supply chains hit turnover, cut hours, and lowered weekly pay.
Slogans didn't protect British workers. 👇 #RejoinEU
The services sector is our most important economic asset, accounting for 80% of total UK output. However, research by the LSE shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers.
www.britishchambers.org.uk/news/2025/08...
www.britishchambers.org.uk/news/2025/08...
The Reality of UK Services Trade Post-Brexit - British Chambers of Commerce
The services sector represents 80% of UK output, but LSE research indicates a 16% drop in services exports to key EU markets affected by Brexit trade barriers.
www.britishchambers.org.uk
August 19, 2025 at 7:10 AM
The services sector is our most important economic asset, accounting for 80% of total UK output. However, research by the LSE shows that services exports have declined by around 16% in the EU markets most affected by Brexit-related trade barriers.
www.britishchambers.org.uk/news/2025/08...
www.britishchambers.org.uk/news/2025/08...
New IPPR report reveals full extent of brexit decline in 🇬🇧 trading position and says ministers need to consider measures to give industries better chance of selling products and services overseas.
The report said trade policy had been muddled and rudderless.
www.theguardian.com/politics/202...
The report said trade policy had been muddled and rudderless.
www.theguardian.com/politics/202...
Fall in UK trade with EU should spur rewrite of post-Brexit rules, says IPPR
Thinktank’s report details decline in trading position and also calls for new strategy as Trump takes power in US
www.theguardian.com
January 16, 2025 at 5:58 AM
New IPPR report reveals full extent of brexit decline in 🇬🇧 trading position and says ministers need to consider measures to give industries better chance of selling products and services overseas.
The report said trade policy had been muddled and rudderless.
www.theguardian.com/politics/202...
The report said trade policy had been muddled and rudderless.
www.theguardian.com/politics/202...
And it seems the link on this post doesn’t work. Here it is again actionnetwork.org/forms/tell-t...
February 1, 2026 at 12:54 PM
And it seems the link on this post doesn’t work. Here it is again actionnetwork.org/forms/tell-t...
My huge post about Channel Tunnel through services is now a year old, but it pretty much all still applies jonworth.eu/the-future-o...
It explains what would and wouldn’t work for through trains to London
It explains what would and wouldn’t work for through trains to London
The future of long distance train services through the Channel Tunnel - Jon Worth
TL;DR – whatever you read in the press about future long distance train services through the Channel Tunnel is at best only part of the truth, because the reality is complicated Periodically stories appear in newspapers, on radio and television, and also in the dedicated railway trade press, about future […]
jonworth.eu
February 21, 2025 at 7:46 AM
My huge post about Channel Tunnel through services is now a year old, but it pretty much all still applies jonworth.eu/the-future-o...
It explains what would and wouldn’t work for through trains to London
It explains what would and wouldn’t work for through trains to London
President Donald Trump called for a 100 percent tariff on movies produced overseas in a Truth Social post Sunday night, confounding studio executives and critics about what this could mean for the heavily globalized film industry.
Trump calls for 100 percent tariff on foreign-made films to save ‘dying’ Hollywood
The announcement, which confounded film executives and foreign leaders, would escalate Trump’s trade war by including services. What happens next remains unclear.
www.washingtonpost.com
May 5, 2025 at 4:12 PM
President Donald Trump called for a 100 percent tariff on movies produced overseas in a Truth Social post Sunday night, confounding studio executives and critics about what this could mean for the heavily globalized film industry.
🤥 Trump’s complaints about the 🇺🇸-🇨🇦 trade deficit ignores facts:
✅ USMCA addressed trade imbalances
✅ US has a services surplus w/ Canada
✅ Trade deficits aren’t always bad
We benefits from lower-cost imports
🤥 His rhetoric post-USMCA is political, not economic reality
✅ USMCA addressed trade imbalances
✅ US has a services surplus w/ Canada
✅ Trade deficits aren’t always bad
We benefits from lower-cost imports
🤥 His rhetoric post-USMCA is political, not economic reality
March 19, 2025 at 8:52 AM
🤥 Trump’s complaints about the 🇺🇸-🇨🇦 trade deficit ignores facts:
✅ USMCA addressed trade imbalances
✅ US has a services surplus w/ Canada
✅ Trade deficits aren’t always bad
We benefits from lower-cost imports
🤥 His rhetoric post-USMCA is political, not economic reality
✅ USMCA addressed trade imbalances
✅ US has a services surplus w/ Canada
✅ Trade deficits aren’t always bad
We benefits from lower-cost imports
🤥 His rhetoric post-USMCA is political, not economic reality
Post-ChatGPT, initial graduate "employment shifted away from relatively high-paying sectors such as Information and Professional, Scientifc, and Technical Services and toward lower-paying sectors such as Retail Trade and Accommodation and Food Services." www2.census.gov/library/work...
www2.census.gov
September 23, 2026 at 12:18 PM
Post-ChatGPT, initial graduate "employment shifted away from relatively high-paying sectors such as Information and Professional, Scientifc, and Technical Services and toward lower-paying sectors such as Retail Trade and Accommodation and Food Services." www2.census.gov/library/work...
One can, and the 2004-6 period did see a bulge in financial services 'productivity', but theory and evidence suggests the 2000s wasn't all bubble. New IT roll-out, broad-based productivity growth, rapid global trade integration pre-crisis, zero-lower bound post-crisis.
September 21, 2026 at 12:57 PM
One can, and the 2004-6 period did see a bulge in financial services 'productivity', but theory and evidence suggests the 2000s wasn't all bubble. New IT roll-out, broad-based productivity growth, rapid global trade integration pre-crisis, zero-lower bound post-crisis.