At 0816 today, Lord Stuart Rose claimed 50% of UK exports go to Europe, and implied that our exports to the Non-EU BRIC countries don’t really matter. Stuart, the UK hasn’t relied on the EU for half our exports since 1992! Exports to the EU are only 43% and still falling. The rest of world now takes 57% of our exports – and we have a £27 billion surplus with the BRIC and non-EU countries. By contrast, we have a £62 billion DEFICIT with the EU.