🇬🇧

British trade minister says Brexit is not the only reason for GDP slowdown

Credit: Reuters Studio
Published on February 11, 2019 - Duration: 01:09s

British trade minister says Brexit is not the only reason for GDP slowdown

Britain's economic slowdown should not be blamed entirely on Brexit, British Trade Minister Liam Fox said on Monday after data showed the economy last year grew at its slowest since 2012.

Rough cut (no reporter narration).

Advertisement

British trade minister says Brexit is not the only reason for GDP slowdown

ROUGH CUT.

NO REPORTER NARRATION Britain's economic slowdown should not be blamed entirely on Brexit, British Trade Minister Liam Fox said on Monday (February 11) after data showed the economy last year grew at its slowest since 2012.

With just six weeks to go before Britain's scheduled departure from the European Union on March 29, Fox dismissed the chances of another popular vote that could overturn Brexit and also dismissed ideas put forward by opposition leader Jeremy Corbyn.

Fox was in Switzerland to sign a continuity trade deal with Swiss Economy Minister Guy Parmelin, to ensure trading relations can continue with as little disruption as possible if Britain leaves the European Union on March 29 without a deal.

About 12 percent of Britain's trade was currently covered by EU free trade deals, and Switzerland accounted for about a fifth of that, he said.

You are here

Recent related videos from verified sources

Who Will Replace UK PM May? 00:47
Credit: Wochit News - Published 22 hours ago 

President Trump Feels Bad For Theresa May 00:21
Credit: Celebrity Wire - Published 23 hours ago 

Prime Minister Theresa May Is Leaving 10 Downing Street 01:31
Credit: Celebrity Wire - Published 3 days ago 

What You Need to Know About the Markets Heading Into Memorial Day Weekend 05:40
Credit: The Street - Published 3 days ago 

Brexit Brings Down Theresa May 00:33
Credit: Wochit - Published 3 days ago 

Johnson: Brexit Is Not A Threat 00:39
Credit: Wochit News - Published 3 days ago 

British Prime Minister Theresa May Resigns 01:31
Credit: Wibbitz Top Stories - Published 3 days ago 

UK politicians react to PM Theresa May's resignation 01:11
Credit: Reuters - Politics - Published 3 days ago 

You might like