{"id":57704,"date":"2021-06-24T11:23:52","date_gmt":"2021-06-24T10:23:52","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=57704"},"modified":"2021-06-24T12:48:33","modified_gmt":"2021-06-24T11:48:33","slug":"brtexit-delivers-ireland-a-trade-surplus-with-the-uk-for-the-first-time-ever","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2021\/06\/24\/brtexit-delivers-ireland-a-trade-surplus-with-the-uk-for-the-first-time-ever\/","title":{"rendered":"Brexit delivers Ireland a trade surplus with the UK, for the first time ever"},"content":{"rendered":"

As The Independent<\/a> has reported:<\/p>\n

A collapse in\u00a0British<\/a>\u00a0exports to the\u00a0Irish Republic<\/a>\u00a0since Brexit has handed Dublin an extraordinary trade surplus with London, new figures show.<\/p>\n

The Irish government says new trading red tape explains a \u00e2\u201a\u00ac2 billion plunge in the value of goods sales \u2014 47.6 per cent in the first quarter of this year, compared with the start of 2020.<\/p><\/blockquote>\n

The data published by the Irish government shows this:<\/p>\n

\"\"<\/p>\n

That is a staggering change in fortunes. The collapse of trade direct from the UK is extraordinary.<\/p>\n

My attention was drawn to this article by Dr Tim Rideout. I think it worth sharing his comments on it:<\/p>\n

UK Office for National Statistics stats don\u2019t, I understand, separate out Ireland, so you probably won\u2019t see this if you look at our data. Probably the majority of the Ireland to EU transit traffic that used to go via Holyhead and Fishguard is now going direct to France on one of the many multi-times per day services that have been running since January. There is bound, in due course, to be a big impact on Wales \u2014 Ireland ferry services and ports in due course as just one of the consequences.<\/p><\/blockquote>\n

I agree with Tim. The consequences of what is happening are staggering for British business, and those who depend on this trade.<\/p>\n

I will ask, yet again, what are the benefits of Brexit supposed to be?<\/p>\n","protected":false},"excerpt":{"rendered":"

As The Independent has reported: A collapse in\u00a0British\u00a0exports to the\u00a0Irish Republic\u00a0since Brexit has handed Dublin an extraordinary trade surplus with London, new figures show. The
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,44,5],"tags":[],"class_list":["post-57704","post","type-post","status-publish","format-standard","hentry","category-economics","category-europe","category-ireland"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/57704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=57704"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/57704\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=57704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=57704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=57704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}