EU fanboys out in force! Brexiteers fume at Brussels ‘sycophants’ after UK export slump

Michael Saunders, a member of the Bank of England’s monetary policy committee said Brexit had “reduced the economy’s openness, in trade and labour mobility”.

New data from the ONS on Thursday showed that more than half of UK businesses had switched to sourcing materials more domestically since the UK had formally left the EU.

The OBR said that as the UK had become less trade intensive, the nation’s productivity would be reduced by 4 percent over the next 15 years.

Reacting to the news yesterday (Saturday), arch-Remainer Andrew Adonis used the new data to deride “Brexit, year two”, as the UK entered its second year outside the EU in January.

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