![](https://www.cer.eu/sites/default/files/styles/spotlight/public/cost_of_brexit_sl_93.jpg?itok=ZgRFWPE_)
Just a year of Brexit has thumped UK's economy and businesses
As of October, UK goods trade with the EU was 15.7% lower than it would have been had Britain stayed in the EU’s single market and customs union, according to modeling by the Centre for European Reform, an independent think-tank. That tallies with a UK government analysis of 2018, which predicted a 10% decline in trade.