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Liz Truss had described the deal with Japan as a "landmark moment for Britain" that would boost trade by billions of pounds.
Britain’s economy is forecast to shrink by 0.4% in 2023, more than any other in the Group of Seven richest nations, according to the Organization for Economic Cooperation and Development (OECD). Britain is the only G-7 member whose economy has yet to return to pre-pandemic levels.
Paul Johnson, the director of the Institute for Fiscal Studies (IFS), said "we're about to get a lot poorer" due to economic "own goals". / Brexit, slashing investment and Liz Truss's mini-budget are among the "own goals" that have led to the UK's dire financial straits, according to a top economist.
George Eustice pulls no punches as he lays into the former prime minister in parliament, lambasting Ms Truss's achievements as international trade secretary.
"Around half of the fiscal hole, and the political instability that comes with that, is down to Brexit," John Springford of the Centre for European Reform.
Back in those pre-war, pre-Covid and pre-permacrisis halcyon days of early 2020, the world was the UK food sector’s oyster in terms of post-Brexit trading opportunities.
A former Tory minister has admitted a Brexit deal he backed at the time is "not actually a very good deal" and people are fuming.
George Eustice lambasts Liz Truss for arbitrarily ‘setting the clock against us’ and calls on top civil servant to quit.
Tory former Environment Secretary says UK ‘gave away far too much for far too little in return’.
A persistent majority of Britons think Brexit was a mistake, one of the UK's leading pollsters said Wednesday, forecasting near-certain defeat for the Conservatives at the next election.
The new Prime Minister was decisively on the side of those who claimed that the country would have a better future outside the EU.
Guy Hands says Conservatives are putting country ‘on a path to be sick man of Europe’.
The words for chaotic instability might change from country to country but the reaction is uniform across Europe to Britain’s politics.
Since the EU Referendum proposed and led by former British Prime Minister, David Cameron, on the relationship with the EU, Britain has not experienced political stability. This headed to economic stagnation, inflation, high unemployment, frustration, and pessimism among British citizens about the future.
Economist Duncan Weldon and the New Statesman’s polling expert explore how Brexit and austerity have damaged the UK economy and set the stage for Liz Truss’s “mismanagement.”
Observers suggest PM’s failure could spell end of ‘wishful thinking’ of a sovereign Britain going its own way. / Six years on from the Brexit referendum, continental observers have become used to Westminster meltdowns – but many see in the latest cataclysm the inevitable finale of a project that was always divorced from reality.
For a small band of libertarians, Liz Truss’ resignation is the final act in an 11-year project to remake Britain.
Conservative Party ‘drained of all substance and competence’.
A Welsh politics professor has said that “Brexit has devoured its own children” after the Conservative party lost four Prime Ministers since the vote in 2016.
The economic costs of Brexit were masked by the Covid-19 pandemic and the crisis in Ukraine. Now the effects have become clear.
Ryanair boss Michael O'Leary on Tuesday described the economic situation in Britain as a "car crash" caused by the country's vote to leave the European Union in 2016.
Disastrous mini-budget has seen Britain become gag line on the international stage.
The former chancellor also described Liz Truss as a 'Pino' - Prime Minister in name only on the Andrew Neil Show.
International delivery firm ParcelHero says August’s £800m fall in EU trade adds to the UK’s economic woes.
One of the supposed ‘benefits’ of Brexit was the ‘bonfire of Brussels red-tape‘ which was promised by libertarian Brexiteers. Two weeks into the administration of Liz Truss, the new government announced that they were planning to revoke 570 environmental laws which, in order to continue environmental protections, were rolled over from EU law after Brexit.