Rejoining customs union would not fix damage caused by Brexit, research finds (opens original article in a new tab)

Research shows Brexit has depressed UK exports to the EU by 12%, with rejoining the customs union offering only limited relief. The single market exit caused most of the trade losses, and rejoining it would require difficult political compromises.

• Brexit has reduced UK exports to the EU by 12%
• Rejoining the customs union would only partially reverse the damage
• Leaving the single market caused most of the trade losses