Rachel Reeves’s legacy? Unpopular choices that will help her successor
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Detailed estimates by John Springford and Anton Spisak for the Centre for European Reform, using the latest modelling techniques, find that Brexit has reduced goods exports to the EU by 16 per cent, and service sector exports by 7 per cent. Imports are also down, in both categories, more for services than goods. These losses have largely been incurred from leaving the single market.