Steel looks the worst example so far but brexit is severely damaging other industries
'According to the thinktank UK in a Changing Europe, most industries just cannot wait. They are struggling to keep open markets, and if necessary
realign themselves with the EU by the back door. The chemicals industry exports more than 60% of its output to the EU. Brexiteers boasted it would be liberated from EU regulation, but setting up the UK’s own regulator cost £2bn and has not worked. According to the Chemical Industries Association, output has fallen by 35-40% since 2021. Between 2021 and 2023, British exports to the EU
fell by a serious 27%. Brexiteers boasted that leaving the EU would be worth
hundreds of billions a year. Cambridge Econometrics estimates that over the next decade Britain’s economy will be
£300bn smaller than if we had not left the EU. This is self-harm on a heroic scale'.
A telling paragraph from Simon Jenkins writing in the Guardian.
'brexit means brexit'
😎