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BRUSSELS – A new study claims the UK’s textile and clothing industries could see 27,000 job losses under a No Deal Brexit. The study was commissioned by the European Apparel and Textile Federation (EURATEX) together with the University of Leuven. It reveals that a No Deal Brexit could lead to collective job losses of more than 100,000 for the EU27 and over 27,000 for the UK. Output losses for the UK would be 41.8 per cent of its value added in textile and clothing production, while the EU-27 as a whole would lose about 9.7 per cent, according to the study.

Negotiators are making a final effort, but a “no deal” can still occur if there is no timely ratification of the Withdrawal Agreement, or if the Withdrawal Agreement is ratified but no agreement on the EU-UK future relationship is struck before the end of the transition period.

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