Magazine
Latest Issue

Will Brexit boost British services trade? Don’t count on it

A former Assistant Director at the Department for International Trade is sceptical that new FTAs can transform our services exports

By David Henig  

International Trade Secretary Liam Fox delivers a speech on Brexit and Britain's future as a global trading nation, at the Bloomberg London Building, London. Photo: Jonathan Brady/PA Wire/PA Images

It is widely accepted in the Brexit debate that the UK’s ability to set our own trade policy after departure means that we can focus particularly on services, where we have significant strengths. Accounting for 80 per cent of the UK’s GDP and four in five jobs across the country, the UK is also the world’s second largest exporter of services, though these only represent 45 per…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

We want to hear what you think about this article. Submit a letter to letters@prospect-magazine.co.uk

More From Prospect