B
ritish exports to the EU plunged by more than 40 per cent in January – the first month since the Brexit transition period ended.
It was the biggest monthly decline in 20 years, and imports from the EU also fell by a significant amount – around 29 per cent.
The government has said to be careful interpreting the numbers. Brexit minister Lord Frost, who negotiated the deal, said a “unique combination of factors made it inevitable that we would see some unusual figures”.