Ten Things You Need to Know Today: 27 November 2022

The Week’s daily digest of the news agenda, published at 8am

1. Truss trade deal ‘a failure’

The first major post-Brexit free trade agreement signed by Britain has been branded a failure after data showed exports had fallen since it came into force. Liz Truss, then the trade secretary, signed a “historic” deal with Japan as trade secretary in October 2020, claiming it would boost trade by billions of pounds and help the UK recover from the pandemic. However, exports to Japan fell from £12.3bn to £11.9bn in the year to June 2022. Exports in goods fell 4.9% to £6.1bn and services fell 2% to £5.8bn.

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