BrexitBusinessredemption

Brexit redemption? With British trade surging, RT’s Boom Bust asks if fears of leaving the EU were justified

The UK’s exports to the European Union in May rose to their highest level since October 2019, after plunging earlier this year when Britain officially left the EU’s single market and customs union.

British exports to the EU rose to $19.4 billion in May – nearly twice what they were in January, when Brexit officially took hold. Imports to Britain from the 27-nation bloc were also up from the start of the year.

RT’s Boom Bust talks to Hilary Fordwich of the British American Business Association about what these numbers mean, and whether Britain is better off economically as an independent country.

For more stories on economy & finance visit RT’s business section

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