New UK border checks on imports 'bring cost, confusion and frustration'
Supply chain leaders have warned of increased costs, confusion and frustration as the UK today ...
Liam Fox, the UK’s trade minister, is reportedly targeting an export boom post-Brexit. According to Market Screener, Mr Fox says he would like to see the country’s exports grow to such a level that they would account for 35% of GDP. However, while setting the bold target, Mr Fox failed to give any specific timeframe on when this surge in growth would be achieved. In 2012, then-chancellor George Osborne was eyeing doubling exports to $1.28trn by the end of the decade – a target that looks like being missed by several hundred billion.
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