Rejoining customs union would not fix damage caused by Brexit, research finds (business) — The Guardian Australia – Business
The Guardian Australia – Business ·business ·2 days ago

Rejoining customs union would not fix damage caused by Brexit, research finds

Research from the Centre for European Reform found that Brexit caused a 12% decline in UK exports, primarily due to leaving the single market. Rejoining the customs union would only partially mitigate the damage, as services exports remain 7% lower than if the UK had stayed in the EU. Political debates continue over the future relationship.

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Summary by OZbrief Editorial · The Guardian Australia – Business · Source

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Published 18 Jun 2026, 04:00 UTC · Updated 18 Jun 2026, 04:20 UTC

Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections