Economists say Brexit bureaucracy is hitting UK-EU goods trade — and is getting worse
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 17 September 2024
⏱️ 9 minutes
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Summary
From the BBC World Service: A comprehensive study has found goods imports and exports between the United Kingdom and European Union have slumped since Brexit, with red tape continuing to tie up British businesses. The value of U.K. goods exported to the EU fell by 27%. We dig in. Also on the program: Farmers in Malawi are looking for ways to use harvests damaged by extreme weather, such as turning bananas into wine.
Transcript
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| 0:00.0 | Hi I'm Kai Rizdahl the host of How We Survive |
| 0:03.4 | It's a podcast from Marketplace. In 1986, before I was a journalist, I was flying for the Navy. |
| 0:09.6 | Mr. Gorbachev, tear down this wall. |
| 0:14.4 | It was the cold war and my first deployments were intercepting Russian bombers. |
| 0:18.6 | Today though, there's another threat out there, climate change. |
| 0:22.6 | This could be the warmest year on record. |
| 0:24.6 | Climate change is here. |
| 0:25.7 | Temperatures here are warming faster than anywhere on Earth. |
| 0:29.5 | And while the threat seems new, the Pentagon's been funding studies on climate change since the 1950s. |
| 0:35.9 | I think we will put our troops and our forces at higher risk if we don't recognize the impact of climate change. |
| 0:44.7 | This season, we go to the front lines of the climate crisis |
| 0:47.5 | to see how the military is preparing for the threat. |
| 0:51.0 | Listen to how we survive, wherever you get your podcasts. |
| 0:53.7 | More red tape brings a slump in goods trade between the EU and the UK and the |
| 1:01.2 | problems getting worse. Live from the UK. the problem's getting worse. |
| 1:02.6 | Live from the UK, this is the Marketplace Morning Report from the BBC World Service. |
| 1:06.9 | I'm Stuart Clarkson in for Leanna Byrne today. |
| 1:09.6 | Good morning. |
| 1:10.6 | Rules and regulations imposed on British businesses since Brexit have caused a drop in trade between |
| 1:16.1 | the UK and the European Union. |
| 1:18.2 | This is according to a three-year study by the Birmingham-based Aston University Business School, which has found the value of UK goods |
| 1:24.6 | exported to the EU fell by 27%, while the imported goods fell by 32%. |
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