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Exports down by 83%. the department of trade said the figures didn t reflect the overall trading relationship with the eu, blaming what it said was a unique combination of factors, including stockpiling ahead of the end of the transition period, covid lockdowns and businesses adjusting to the new regime. when you account for the fact that half of our trade is done with the eu, a 40% slump in exports, a 29% slump in imports is really worrying. i think what everyone will be hoping is that is a combination of teething problems, and also there was a lot of stockpiling, so companies were anticipating the transition, so they were using up that supply. the official forecast is that once the vaccination programme is done and restrictions are lifted, the wider economy will accelerate away, with 7% growth pencilled in for next year. but for now, lockdown mark three means some businesses, like the goodwood racetrack in sussex, still have big costs going out and no revenue coming in. ....
Combination of teething problems, and also there was a lot of stockpiling, so companies were anticipating the transition, so they were using up that supply. the official forecast were using up that supply. the official forecast is that once the vaccination programme is done and restrictions are lifted, the wider economy will accelerate away with 7% growth pencilled in for next year. but for now, lockdown three mean some businesses, like the goodwood race in sussex, still have big cost going out and no revenue coming in. after the economy was brought screeching to a halt in the first lockdown, it picked up speed, only to have the government slammed the breaks on after christmas. the hope is that january will prove to have been the worst of it and that we will pick up speed from here on in. the office for national statistics said much of the drop in exports and imports was likely the result of temporary factors. just weeks after the transition ended, economists cannot yet tell how much ....
In imports is really worrying. i think what everyone will be hoping is that is a combination of teething problems, and also there was a lot of stockpiling, so companies were anticipating the transition, so they were using up that supply. the official forecast is that once the vaccination programme is done and restrictions are lifted, the wider economy will accelerate away, with 7% growth pencilled in for next year. but for now, lockdown mark three means some businesses, like the goodwood racetrack in sussex, still have big costs going out and no revenue coming in. after the economy was brought screeching to a halt by last spring s lockdown, it picked up speed in the summer and in the autumn, only to have the government slam the brakes on again after christmas. the hope is that january will prove to have been the worst of it and that we will pick up speed from here on in. the office for national statistics said much of the drop in exports and imports was likely the result of temporary f ....
Good morning, welcome to breakfast with dan walker and louise minchin. our headlines today. buckingham palace remains silent 24 hours after the first broadcast of harry and meghan s oprah interview. but in the us, friends of the couple rally round. their cruelty in going after meghan ....
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