Cost of Brexit After One Year

The video discusses the intertwined effects of Brexit and COVID-19 on UK-EU trade, highlighting a 15% decline in trade with the EU compared to the rest of the world. It also covers political changes, such as Liz Truss replacing David Frost, and potential impacts on Brexit agreements. The economic outlook is analyzed, with GDP figures revised down and a long-term Brexit impact of 4% on the economy, delaying recovery to pre-pandemic levels until mid-2022.

What has been the trend in UK trade with the EU compared to trade with the rest of the world over the past 12 months?

What does the analysis from the Center for European Reform indicate about the UK's trade with the EU?

What potential actions could Liz Truss take regarding the Northern Ireland Protocol?

When is the UK expected to return to pre-pandemic economic levels?

What is the expected impact of Brexit on the UK economy in the long term according to the UK's fiscal watchdog?