Economics of Brexit

What will post-Brexit industrial strategy look like?

Until we know exactly what kind of Brexit we are going to get, writes Steve Coulter (LSE), it is difficult for Britain to craft an informed industrial strategy. Yet that is what the government is trying to do. If the UK does leave the Single Market and customs union, it may come under pressure to intervene heavily in some manufacturing […]

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    Watch: Henry Overman on what Brexit means for regional economies

Watch: Henry Overman on what Brexit means for regional economies

Henry Overman (LSE) discusses which areas of the UK will be affected the most by Brexit. He claims that UK’s exit from the block will be felt most in those areas that trade a lot with the European Union and where the barriers to trade are going to be much larger under the new arrangements. Brexit will hit regional economies […]

Welsh ports still face uncertainty about freight checks post-Brexit

The continuation of the Common Travel Area between the UK and Ireland post-Brexit is good news for passengers, writes Andrew Potter (Cardiff Business School). But what does it mean for trade going through Welsh ports? It is not yet clear what checks freight will have to undergo, making planning difficult.

In July last year I highlighted that one of the biggest issues for Welsh ports post-Brexit […]

A Canadian perspective on CETA +++: those pluses will come with minuses

What’s the difference between CETA, the agreement between Canada and the EU, and the CETA +++ that some Brexiters believe they can obtain? Kurt Hübner (University of British Columbia) gives a Canadian perspective on the merits of CETA and explains what else Britain would be seeking from the EU. The UK, he concludes, will only get what it wants through compromise.

The […]

Watch: Julia Black on what Brexit means for universities

Professor Julia Black, Pro-Director for Research at LSE, on why many university staff voted Remain and why a relationship with Europe is crucial for both staff and students in higher education.

This post represents the views of the author and not those of the LSE Brexit blog, nor the LSE.

The challenges for farm policy after Brexit

Farm subsidies will stay at their current levels (presumably without an inflation adjustment) for five years after Brexit, and beyond the next general election, Michael Gove told the Oxford Farming Conference at the beginning of January. In the spring the Government will publish an agriculture bill that will provide more detail about its policies. Wyn Grant (University of Warwick) explains the future […]

Continental Breakfast 6: Is Switzerland a model for the UK-EU relationship?

The Swiss ambassador to the UK joined experts in the field at the LSE on 6 December to discuss the pros and cons of the Swiss model as a frame for Britain’s future relationship with the EU. Diane Bolet (LSE) reports on the key points of the discussion, which was held under Chatham House rules. The Swiss model is […]

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    It’s not what the rules are, it’s the way that you show it: proving ‘origin’ post-Brexit

It’s not what the rules are, it’s the way that you show it: proving ‘origin’ post-Brexit

Exporters are generally required to prove the origin of goods to customs authorities. This is likely to require more time from business after Brexit, write Peter Holmes and Nick Jacob (University of Sussex). Their research finds, that while new arrangements regarding Rules of Origin will be needed, compliance is not as costly for firms as previously thought. 

The need for UK […]

How damaging would a ‘no-deal’ Brexit be?

The UK’s decision to leave the EU has created huge uncertainty over what sort of trade agreement we might have with the bloc in the future, and the resulting tariffs that UK firms can expect to pay in order to export to the EU. Meredith Crowley, Giancarlo Corsetti, Oliver Exton, and Lu Han (Cambridge University) explain how damaging a ‘no-deal’ scenario […]

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    “Project Fear” was groundless: the UK economy has been remarkably resilient

“Project Fear” was groundless: the UK economy has been remarkably resilient

“Project Fear” has been proved pretty groundless, argues Ruth Lea, CBE (Arbuthnot Banking Group). Since the Brexit vote, the UK economy has been more robust than expected. This cannot, however, be attributed to “better-than-predicted” world growth, she maintains. The world economy’s performance in 2016 and 2017 was, in reality, much as the IMF expected.
Former Commercial Secretary to the Treasury Lord […]