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Only the reversal of Brexit can start to fix the state three prime ministers have left the country in.
Sunak talks about ‘fairy tale’ economics – let’s not forget he backed Brexit, the biggest ‘fairy tale’ of all
26/10/2022
The new Prime Minister was decisively on the side of those who claimed that the country would have a better future outside the EU.
Current financial woes ‘bear out warnings of Remain side in EU referendum’.
Former Bank of England governor Mark Carney has doubled down on his claims Brexit has taken a toll on the pound and sparked higher inflation.
Six years after the UK voted to leave the EU, and two years since we officially left the trading bloc, Brexit has reared its head yet again this week.
Brexit has added to the UK's economic woes by lowering the value of the pound and contributing to price rises, an ex-Bank of England governor has said.
Mark Carney, who ran the central bank until March 2020, said the UK’s decision to leave the EU had devalued the pound which put upward pressure on inflation.
Former Bank of England governor, Mark Carney said that the fall in the pound and shrinking economy after the UK left the European Union, Brexit, had added to “inflationary pressure”.
GIVEN the ruling Conservatives’ seeming penchant for pulling the wool over the electorate’s eyes on Brexit, it was heartening last week to hear Mark Carney deliver some home truths.
Is Brexit to blame for Britain’s mess?
09/11/2022
Britain has been an object of international derision in recent months. / Britain, said some outside observers, had turned into an emerging market — even a banana republic. But why has a country, traditionally renowned for its stability, been engulfed by such turmoil? / Brexit is the reason, according to critics of Britain’s departure from the European Union.
The problems have been "amplified" by Brexit, the former Bank of England governor said.
Keir Starmer may have solved Labour's Brexit conundrum | Andrew Marr | New Statesman [8 mins]
27/01/2023
Keir Starmer’s plans to bring the UK closer to the EU could solve Labour’s Brexit conundrum.
Brexit reduces the UK’s overall output by 4% compared to if the country had remained in the EU, an expert has said.
Brexit to blame for soaring inflation, former Bank of England boss says: ‘We told you so’
18/06/2023
Mark Carney says there is ‘no joy’ in laying this out as ‘people are having to live with that reality’.
Former Bank of England head blames Brexit for UK inflation
From NHS staff shortages to export woes, the effects of the 2016 vote are still being felt.
Former BoE governor suggests Brexiteers have ‘basic misunderstanding of what drives economies
18/09/2023
In a scathing attack on Liz Truss and her economic vision, former Bank of England governor Mark Carney accused the former PM of turning Britain into “Argentina on the Channel”. / Carney also suggested that Brexiteers, whom the former Conservative leader claimed to champion during her short tenure as PM, had a “basic misunderstanding of what drives economies”.