UK economy in January shrinks by most since first wave of Covid pandemic
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In the first month since Brexit on terms agreed by Boris Johnson’s government, official trade figures showed exports of goods to the EU plunged by 40.7%, or £5.6bn, in the biggest monthly fall in UK imports and exports to the bloc in more than 20 years.
The slump in trade with the EU, excluding gold and other precious metals, is a reflection of disruption at UK borders.
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