Get the facts: Brexit
Our Brexit divorce bill will probably be paid off by 2064
The Office for Budget Responsibility estimates it will come to £37 billion in total.
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32,000 people work in the British steel industry
32,000 people worked in steel in 2016. More than half of these jobs are in Wales, and Yorkshire and Humber.
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Over half of UK exports were via EU trade agreements in 2016
Just over half of UK exports were done via EU trade agreements in 2016. 43% of exports went to EU member states.
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Trade across the Irish border
Trade across the Irish border was worth at least £5 billion in 2016.
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More people are in work since the Brexit vote
Employment has increased since the Brexit vote, and the unemployment rate is 4.3%.
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The pound has fallen in value since the Brexit vote
The UK had the third-slowest GDP growth in the EU in the last year, and the value of the pound has fallen by 12% against the Euro since May 2016.
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Is the EU becoming less important to the world economy?
Although the EU’s GDP is growing, the rest of the world’s is growing faster.
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Has there been a recession since the EU referendum?
The UK economy has continued to grow since the UK voted to leave the EU.
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What’s Labour policy on a ‘no deal’ for Brexit?
Labour has not said how much money it thinks the UK should pay to the EU when we leave. It has said that ‘no deal’ is not an option.
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Are British businesses struggling with recruitment?
52% of businesses surveyed by Lloyd’s Bank in June were struggling to recruit skilled labour.
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