• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home News

Courier service warns ‘non-EU countries will not fill the hole created by Brexit’ as UK exports tumble

Exports recovered in February compared to the previous month, but "that is setting the bar exceedingly low".

Jack Peat by Jack Peat
2021-04-14 12:17
in News
FacebookTwitterLinkedinEmailWhatsapp

A courier service has issued stark warnings over the future of British exports, saying non-EU countries will not fill the hole created by Brexit.

Trade between the UK and EU partially recovered in February, after a steep drop in January following Brexit.

Official figures show exports to the EU jumped by 46.6 per cent, £3.7 billion, to £11.6 billion, following January’s 42 per cent slump when firms struggled with new trade rules.

However, the Office for National Statistics said exports were still below last year’s levels and imports from the EU had seen a weaker recovery.

Commenting on the figures, ParcelHero’s head of consumer research, David Jinks M.I.L.T., said: “The trade figures for February, released this week, are extremely concerning.

“It is encouraging that British exports did struggle upwards in February compared to the previous month.

“However, that is setting the bar exceedingly low, given that January’s exports were, by far, the worst ever recorded.

“The £3.7 billion (46.6 per cent) monthly uptick in exports to the EU in February looks a positive headline figure, but keep in mind they had fallen by an eye-watering number in January.

“There’s still a lot of trade to claw back.”

RelatedPosts

Daily Mail claims about spending on asylum seekers perfectly debunked

Trump asked Zelenskyy if Kyiv could hit Moscow

Furious Trump supporters are burning their MAGA caps over Epstein files

BBC Gaza doc ‘breached editorial guidelines’, report finds

Related: After 100 days of disruption, businesses fume that Brexit isn’t working

Tags: Brexit

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Self-drive boats now available in London’s Canary Wharf ← Starmer ribs Boris: ‘Ted Hastings needed to get to bottom of Tory sleaze’
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->