Article 544WG Brexit: UK's smallest firms divert £10bn in exports away from EU

Brexit: UK's smallest firms divert £10bn in exports away from EU

by
Richard Partington Economics correspondent
from Economics | The Guardian on (#544WG)

Companies are jumping before they are pushed' as fears mount over collapse in trade talks

Britain's smallest companies are jumping before they are pushed" by diverting 10bn in exports away from the EU as concerns mount over a possible collapse in Brexit trade talks, according to a report.

The research from academics at Aston University, which comes before the latest round of Brexit negotiations this week, showed small British firms were ramping up sales to countries in South America and east Asia.

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