“The new trading rules the government has pledged to negotiate with the European Union will do little to offset the economic damage caused by Brexit, according to analysis carried out by the Centre for European Reform (CER). CER associate fellow John Springford estimates a “reset of the relationship” of the sort Labour set out in its election manifesto, combined with the demands the EU is making in return, will raise economic activity in the UK by between 0.3% and 0.7% in the long run.”
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ITV News’ Economic Editor Joel Hills explains why the new economic partnership with the EU will “do little” to offset the economic costs of Brexit. | ITV National News
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