No Deal will hit regions with highest concentration of manufacturing the hardest

Posted on 16 Jul 2020 by Jonny Williamson

Some of the UK’s most economically deprived regions and so-called ‘red wall’ constituencies are at risk of a triple whammy hit to their economies in the event a comprehensive new relationship with the EU is not concluded by December.

Those regions with a high dependence on exports to the EU, as well as a higher than average dependence on manufacturing, are likely to be most at risk from ‘no deal’ with barriers to trade and tariffs. This will compound the damage already being caused by Covid-19. This is according to the annual Make UK/BDO Regional Manufacturing…

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