![]() A report by the Centre for European Reform in December 2022 is the latest to illustrate how Brexit has hit the UK's GDP, investment and trade. Opinions vary over the impact of Brexit on the UK's high inflation rate, but it has been linked to rising food prices.īoris Johnson, who as prime minister struck the post-Brexit EU-UK trade deal in late 2020, made several erroneous claims about it, saying that there would be "no non-tariff barriers to trade", and that it would allow UK firms "to do even more business with our European friends". Official figures have shown that its economy was alone among G7 countries in having shrunk.
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