ESRI study shows Brexit weighs heavily on British trade with Europe

The study found there was some evidence pointing to Brexit contributing to Britain's current financial turmoil

Imports from Britain to Ireland were 40% lower than they otherwise should be if Brexit hadn't occurred.

The decision by Britain to quit the European Union has had an outsized effect on British trade with the whole of Europe and may suggest a link to Britain's current financial woes, according to a major new Irish study.     

The research by Janez Kren and Professor Martina Lawless at the Economic and Social Research Institute (ESRI), finds that British trade in terms of exports and imports in goods was 20% lower than it should otherwise have been if there had been no Brexit.