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LONDON MARKET CLOSE: Stocks end lower; investors shun Deliveroo

LONDON MARKET CLOSE: Stocks end lower; investors shun Deliveroo
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UK-Germany trade slumps amid Brexit and Covid fallout

UK-Germany trade slumps amid Brexit and Covid fallout Richard Partington © Provided by The Guardian Photograph: Anthony Harvey/Rex/Shutterstock Trade between the UK and Germany slumped in January amid the economic fallout from Brexit and the Covid-19 pandemic in the first month after leaving the EU, according to official figures. Germany’s federal statistics body said imports from the UK fell by more than 56% to €1.6bn (£1.4bn) in January from the same month a year ago, after the end of the Brexit transition period and start of the new trading relationship between Britain and the EU. In a reflection of disruption at the start of the year from new customs checks and border delays, German exports to the UK also dropped by 29% to €4.3bn. The figures suggest a disproportionate impact on UK-German trade in Januarycompared with other nations, with import and export activity down by just 6% for other EU states by comparison. Exports to other non-EU countries

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