LONDON — Brexit advocates unveiled Monday a new economic plan for Britain’s departure from the European Union as official figures emerged showing the country’s increasingly deteriorating trade in goods relationship with the bloc. Brexit opponents argue that an abrupt EU exit would jeopardize the British economy, undermining supply chains and the cross-border operations of many businesses. They note that seven of the top 10 destinations for British exports in 2017 were EU countries and that EU countries accounted for almost 50 per cent of British goods exports. Britain’s independent statistics agency revealed Monday the extent of Britain’s deteriorating trade in goods position with the rest of the EU. From 1998 to 2000, Britain had an average 3.5 billion-pound trade in goods surplus with the EU.

Source: National Post September 24, 2018 14:15 UTC