John, the National Audit Office just dropped some shocking numbers on the real cost of Brexit’s new border checks:
<[link removed]>The UK government is forking out a jaw-dropping £4.7 billion on border management programmes.
<[link removed]>On top of that, the extra customs paperwork is costing our businesses £7.5 billion a year.
<[link removed]>And guess what? New trade deals like the CPTPP aren't recouping any of the costs, adding just 0.04% to our GDP.
<[link removed]>Get the full facts <[link removed]>What we're doing about it
Brexit is hurting us all:
- Economic Growth: The UK economy is growing 5% less since 2016, which is about £113 billion a year, or £1,000 per household.
- Public Finances: We’re missing out on £40 billion in tax revenue because of Brexit.
- Cost of Living: Extra Brexit-related paperwork is adding £250 to the average UK household’s grocery bill each year.
But we’re not just here just to complain—we’re here to help fix it.
Through the UK Trade and Business Commission we made 114 recommendations to turn this around <[link removed]>. From streamlining customs to cutting trade barriers and rejoining programmes like Horizon, there are clear steps we can take - and some we already have <[link removed]>.
Dive into the full blueprint here:
<[link removed]>Read our report on fixing the problems created by Brexit <[link removed]>At Best for Britain, we're having the conversations and creating the policies that business leaders tell us will help get Britain back on its feet.
Thank you for standing with us. Your support means everything.
Best wishes,
Naomi
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