Trade policy

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An effective UK trade policy and a customs union are compatible

Sam Lowe
29 November 2018
If the UK enters into a customs union with the European Union it will be able to operate an effective trade policy, but the political focus would need to shift away from headline-grabbing, comprehensive free trade agreements.

Regime change? The European economy to 2030

20 July 2018
The crises of the 1970s led to the single currency and a deeply integrated single market. What economic regime will the EU need to build after the crises of the last decade?

Dead or alive? A UK-US trade deal

Sam Lowe, Beth Oppenheim
20 July 2018
The Chequers proposal would likely come at the cost of a transatlantic trade deal, but Theresa May is right to prioritise ties with the EU.

Inching our way towards Jersey

Sam Lowe
11 July 2018
The EU will probably reject Theresa May’s Chequers compromise. Rather than confronting the EU on its fundamental principles, the UK should build upon the foundations of a customs union.

On Brexit, TTIP and the City of London

Sam Lowe
30 May 2018
The EU was keen to include financial services in TTIP, the proposed trade agreement with the US. Is its reluctance to do so with the UK mere hypocrisy?

UK must swallow the unpalatable Irish backstop

Sam Lowe
15 May 2018
Theresa May and the Brexiters should have the courage of their convictions and agree to a backstop that grants a special status to Northern Ireland. 

Is Labour selling the UK a Turkey?

Sam Lowe
12 April 2018
A future UK-EU customs union should not be ruled out. While it would place some constraints on a future UK independent trade policy, the positives far outweigh the negatives. 

Will the unity of the 27 crack?

John Springford, Sam Lowe, Beth Oppenheim
15 March 2018
Some British politicians believe that the 27 will divide during the Brexit trade negotiations, because of their differing economic interests. But disagreements between the 27 are minor, thanks to Theresa May's red lines.

Brexit and rules of origin: Why free trade agreements ≠ free trade

Sam Lowe
13 March 2018
Without an EU-UK customs union British exporters will face a new barrier to trade: rules of origin. No amount of positive thinking and innovative solutions can eliminate this problem.

The Ukraine model for Brexit: Is dissociation just like association?

Beth Oppenheim
27 February 2018
Some argue that a Ukraine-style association agreement offers the UK a viable model for its future relationship with the EU, combining both ‘sovereignty’ and close economic ties.

Britain's services firms can't defy gravity, alas

John Springford, Sam Lowe
05 February 2018
Britain's specialism in traded services, some of which can be delivered electronically, has led Brexiters to claim that the country's trade will inevitably unmoor itself from Europe. In fact, Britain is not about to enter a "post-geography trading world".

'Canada', 'Norway' or something in between?

26 January 2018
The EU will reject's Britain's request for a bespoke partnership based on regulatory alignment. The UK will have to put up with a Canada-style deal, unless it shifts its red lines.

Holding out hope for a half-way Brexit house

John Springford, Sam Lowe
22 January 2018
The UK is considering 'managed divergence' from EU rules, which the 27 will reject. A better strategy would be to remain in the customs union and single market for goods.

Of transition and trade deals

Sam Lowe
16 January 2018
The UK will not be able to replicate the EU’s free trade agreements ready for March 30th 2019. The only solution is to ask the EU for help.

Conference report: How to save the EU

Simon Tilford, Christian Odendahl, Sophia Besch
15 January 2018
50 leading economists, political scientists and experts on the EU considered the forces undermining the Union, and how Europe should respond to them.

UK + EU = Canada+?

Beth Oppenheim, Charles Grant
01 December 2017
A post-Brexit deal along the lines of the EU-Canada trade agreement would do a lot of damage to the British economy. Can the UK hope for anything better?