Brexit 'a blow to services'

FIGURES from the British Chambers of Commerce and a London School of Economics study underline the damaging impact of Brexit on our vital services sector which underpins countless jobs and makes up more than four-fifths (81%) of our economy.

- Peter Brown, via email

While coverage often highlights difficulties in sectors such as manufacturing and farming, the LSE shows that services facing new Brexit barriers have fallen by 16%.

Far from delivering a “global Britain” boost, overall services exports are down by 4-5%.

The BCC highlights three key barriers: fresh regulatory frictions, restrictions on cross-border services, and difficulties in recruiting EU talent.