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Leaving the European Union (EU) added an average of £210 to household food bills over the two years to the end of 2021, costing UK consumers a total of £5.8 billion, new research from the Centre for Economic Performance (CEP) at the London School of Economics finds.
Edi Rama urges ministers to ‘stop discriminating’ after Suella Braverman’s ‘Albanian criminals’ comments in Commons.
Britain has delayed imposing its full post-Brexit import controls on goods from the European Union again, pushing it back until the end of next year, saying it did not want to add more fuel to fast-rising inflation.
Wages are worth less as direct result of departure from EU, says Monetary Policy Committe member. / Brexit has added 6 per cent to UK food prices, a Bank of England official has said as inflation hit a 41-year high.
The UK will be stuck with searing inflation for years because of Brexit, according to strategists at Wall Street’s top banks.
From NHS staff shortages to export woes, the effects of the 2016 vote are still being felt.
There's been a huge fall in trade between the UK and Germany during the first month of the new trading relationship between the UK and the EU.
Northern Ireland will be the UK regional economy least impacted by Brexit, partially due to the NI Protocol, new analysis has suggested.
LSE report says even sectors unscathed from coronavirus crisis will be severely impacted.
Brexit uncertainty affected a large proportion of UK textile and apparel firms, both upstream and downstream—over 60 per cent of firms in both manufacturers and lead firms’ groups, according to researchers from the London School of Economics (LSE).
The new European Commission President spoke of her love of the UK, but warned of 'consequences' in negotiations.
Dispute over Northern Ireland protocol puts associate membership of Horizon Europe scheme in doubt.
Public opinion shifted against Brexit after a deluge of damning evidence on economic costs.
Kent farming giant reports 8% fall in harvest due to lack of seasonal pickers – saying it’s easier to import fruit.
EU withdrawal fuelling higher import costs and costing British workers nearly £500 a year, says Resolution Foundation.
As Prime Minister Boris Johnson prepares to depart Downing Street, tossed from office by his own party, his legacy — the opening lines of his eventual obituary — will call him the man who “got Brexit done.” / So how is that going? What can be said about the post-Brexit Britain that Johnson is leaving behind?
The OBR forecast that Brexit would cost the UK economy 4% of GDP now looks ridiculously optimistic as the damage mounts.
Brexit has reduced the competitiveness of the British economy, with alarming implications for productivity and wages, according to the Resolution Foundation.
LSE finds one-third decline in trading relationships under Boris Johnson’s deal – which has hit small firms hardest. / Brexit red tape means the UK has “stopped selling” many products to smaller EU countries, according to alarming new evidence of the impact on trade.
Brexit has not had the expected effect of narrowly reducing exports to the EU, but has instead more broadly reduced how open and competitive Britain’s economy is, which will reduce productivity and wages in the decade ahead, according to new joint Resolution Foundation and LSE research.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
Research has revealed that during the two years leading up to the end of 2021, Brexit cost UK consumers a total of £5.8 billion in food bills.
Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.
EU departure putting £5.8 billion on total UK supermarket spend, Centre for Economic Performance finds.
It has raised prices, too.