Brexit

CEP election analysis

Brexit and UK trade

This briefing summarises the evidence about how leaving the European Union (EU) has affected UK trade. Overall, Brexit has had a negative effect on UK trade. But, so far, this effect has been smaller than economists expe...Read more...

Blog

LSE British Politics and Policy:

Global Britain has failed - what next?

The vision of post-Brexit Britain was one of international trade deals that would propel the country into a new era of prosperity. That vision of "Global Britain" is now dead. Thomas Sampson argues that the only viable a...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

CEP Brexit analysis

Brexit and consumer food prices: May 2023 update

Brexit continues to affect the UK economy. The results in this report are updates to the original study of Bakker et al. (2022), showing that higher non-tariff barriers due to Brexit are affecting food price inflation an...Read more...

CEP discussion paper

New dawn fades: trade, labour and the Brexit exchange rate depreciation

This paper studies consequences of the very large exchange rate depreciation occurring in June 2016 due to the UK electorate unexpectedly voting to leave the European Union. As news of a leave vote came in, the value of ...Read more...

CEP discussion paper

Non-tariff barriers and consumer prices: evidence from Brexit

Non-Tariff Barriers (NTBs) are the main policy impediment to international trade, yet little is known about their pass-through to prices. This paper exploits the Brexit trade policy shock to quantify how NTBs affect cons...Read more...

Journal article

Annual Review of Economics:

Expecting Brexit

The Brexit vote precipitated the unraveling of the United Kingdom's membership in the world's deepest economic integration agreement. This article reviews evidence on the realized economic effects of Brexit. The 2016 Bre...Read more...

Blog

LSE Business Review:

Brexit will exacerbate long-term challenges facing the UK economy

Leaving the EU represents the largest change in the UK's relationship with the rest of the world in half a century. The impact won't be a one-off event. Structural changes will take place over the long term, as capital a...Read more...

External publication

The economics of Brexit: what have we learned?

This eBook, produced by VoxEU/CEPR and UK in a Changing Europe, brings together leading academic researchers on trade, immigration and political economy to assess what we have learned, 18 months on from its implementatio...Read more...

Chapter

The impact of Brexit on UK-EU trade

in The Economics of Brexit: What Have We Learned?

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Chapter

Post-Brexit imports, supply chains, and the effect on consumer prices

in The Economics of Brexit: What Have We Learned?

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Blog

VoxTalks Economics:

The economics of Brexit (podcast)

The latest CEPR ebook investigates the impact of Brexit so far on the economies of the UK and EU. Tim Phillips talks to three of the authors: Jonathan Portes, Thomas Sampson and Sarah Hall....Read more...

Blog

Vox EU:

The economics of Brexit: a new eBook

What has Brexit meant for the UK economy? Six years on from the referendum, and over a year since the implementation of the UK-EU Trade and Cooperation Agreement, this column introduces a new eBook which brings together ...Read more...

CentrePiece article

How Brexit has raised UK food prices

Some products imported to the UK from the European Union have been more affected by the post-Brexit trading rules than others. Jan David Bakker, Nikhil Datta, Josh De Lyon, Luisa Opitz and Dilan Yang find that leaving th...Read more...

CentrePiece article

Trade disruptions in the wake of Brexit

A dramatic fall in the value of UK imports from the European Union relative to the rest of the world occurred when the post-Brexit Trade and Cooperation Agreement came into effect. What's more, according to research by R...Read more...

Blog

Centre for European Reform:

Is Brexit to blame for Britain's economic woes? (podcast)

Thomas Sampson, of the London School of Economics, and John Springford, the CER's deputy director, discuss and compare their findings on how Brexit has affected UK goods trade and inflation, and John shares his latest re...Read more...

External publication

Post-Brexit imports, supply chains, and the effect on consumer prices

This report documents the decrease in imports and shows how the patterns of imports vary across sectors following the UK's departure from the Single Market and Customs Union at the end of 2020. The authors, Jan David Bak...Read more...

Blog

LSE Business Review:

Brexit: the major trade disruption came after the UK-EU agreement took effect in 2021

The impact of Brexit on UK trade is a highly contested topic. Rebecca Freeman, Kalina Manova, Thomas Prayer, and Thomas Sampson summarise the findings of new research on how Brexit has affected the UK's goods trade with ...Read more...

Blog

UK in a Changing Europe:

Expecting Brexit

Swati Dhingra and Thomas Sampson examine how Brexit impacted UK trade and GDP before being implemented in 2021. Finding evidence that the UK's economy was around two to three per cent smaller at the end of 2019 than it w...Read more...

CEP discussion paper

Expecting Brexit

The Brexit vote precipitated the unravelling of the UK's membership of the world's deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendu...Read more...

Blog

LSE Business Review:

Labour shortages have become widespread - this is how firms are responding

The majority of firms saw business grow between April and October 2021, after the shocks of Covid-19 and Brexit in 2020. But a new analysis by Swati Dhingra and Josh De Lyon into firms' experiences and expectations for t...Read more...

External publication

Trading places

This briefing note is the launch paper for the Brexit research theme of The Economy 2030 Inquiry, a joint project between the Resolution Foundation and the London School of Economics, funded by the Nuffield Foundation. I...Read more...

CEP Insights

Brexit

The UK's vote to leave the European Union in 2016 triggered economic reactions that will define the country's future for years to come. Why does leaving the EU have such a profound impact - and how do economists estimate...Read more...

External publication

Brexit and beyond:

Brexit and UK trade: what next?

Brexit is expected to make the UK poorer in the long run compared to remaining an EU member. Although the analysis used to reach this conclusion is complex, most forecasts depend upon the same economic logic. Brexit will...Read more...

External publication

Vulnerabilities of supply chains post-Brexit

Arla Foods UK has commissioned LSE Consulting's Trade Policy Hub to deliver a study on the vulnerabilities of supply chains in the United Kingdom and the European Union after Brexit. This study provides a follow up to th...Read more...