"The really big self-harm inflicted by the UK on itself was Brexit," which has made the current crisis much worse. - economist Peter Doyle 28/09/2022
Former Bank of England and IMF economist Peter Doyle on SkyNews: "The really big self-harm inflicted by the UK on itself was Brexit," which has made the current crisis much worse. For example: / - Trade frictions when we need to boost exports / - A weaker pound worsening inflation
Recalling Newsnight's coverage, Maitlis said: "It might take our producers five minutes to find 60 economists who feared Brexit and five hours to find a sole voice who espoused it. But by the time we went on air we simply had one of each; we presented this unequal effort to our audience as balance. It wasn't."
The Growth Effects of EU Membership for the UK: Review of the evidence - CAGE Research Centre 07/04/2016
This paper reviews the literature on the implications of EU membership for the UK. It concludes that membership has raised UK income levels appreciably and by much more than 1970s’ proponents of EU entry predicted. ... The economic benefits of EU membership for the UK have far exceeded the costs of budgetary transfers and regulation.
5.2% GDP shortfall ‘mostly’ down to Britain’s exit from EU, according to top think tank.
Now that many advanced economies have recovered and are close to – or above – their pre-pandemic level of output, we can compare Britain’s economic performance to its peers. The results are troubling.
Adam Posen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts 27/04/2022
@AdamPosen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts presented at @UKandEU's The Economics of Brexit conference 2022. #PIIECharts
Trade friction has ‘clear and robust’ impact on supermarket prices, say economists.
The Public Accounts Committee warned of "trade-offs" across "agriculture, the environment and human rights”.
Scathing report by Public Accounts Committee criticises government’s approach.
Kira Gartzou-Katsouyanni, Max Kiefel, and José Javier Olivas Osuna write that the Leave vote can be attributed partly to political discontent associated with trajectories of relative economic decline and deindustrialization.
Manufacturing after Brexit - UKICE 26/01/2022
Just over a year since the UK left the single market and customs union, and despite the impact of the pandemic, which makes this kind of analysis all the trickier, we can begin to analyse the impact that Brexit has had on the UK economy. These impacts will vary significantly by sector and also by region. In this report, the authors investigate what they might be in the area of manufacturing.
This paper examines how international trade has developed between Britain and the EU since the end of 2019 to mid 2021.
‘BBC policy on Brexit is not impartial’ 29/07/2018
Why is the BBC giving so much time to hardline Brexiteers, asks journalist Raymond Snoddy.
We were asked to sum up the economic benefits of the UK’s new post-Brexit trade agreements. Our first observation is that if we take as a starting point the trade agreements that the UK would have been party to as a member of the EU, the government has, to date, signed no new trade agreements!
The cost of Brexit: September 2021 29/11/2021
In September 2021, UK goods trade was 11.2 per cent, or £8.5 billion, lower than it would have been if the UK had stayed in the EU’s single market and customs union.
Johnson's much-trumpeted FTAs “barely scratch the surface of the UK’s challenge to make up the GDP lost by leaving the EU”.
All trade deals combined worth less than 50p per person a year, analysis of government figures shows.
Brexit: The crisis that must not be named 04/11/2021
Now that Brexit has been ‘done’, the British government is refusing to talk about it. But the rapidly escalating crisis in the UK has everything to do with the country’s departure from the EU. The opposition, meanwhile, has gone awol.
European migrants living in the UK contribute £2,300 more to public purse each year than the average adult, suggesting a net contribution of £78,000 to the exchequer over their lifespan in the UK.
Adam S. Posen delivered the 2019 Data Analytics for Finance and Macro (DAFM) Annual Lecture at the DAFM Research Centre at King’s Business School in London.
Next boss, thinktanks and unions criticise Boris Johnson, saying ‘shortages cannot be blustered away’
This paper examines the macro-economic benefits of the Single Market in goods and services by simulating a counterfactual scenario in which tariffs and non-tariff barriers are reintroduced. In this counterfactual scenario, intra-EU trade flows are significantly reduced.
Understanding the economic impact of Brexit 01/11/2018
Economic considerations are one of the questions that will weigh on MPs’ minds when they come to scrutinise and vote on the Government’s EU withdrawal agreement. This short paper summarises what is known about the long-term economic impact of Brexit and what questions must be addressed by the Government’s final analysis of this issue.
It's been five years since the UK voted to leave the EU. The vote appalled those who saw it as economic self-sabotage. But those in favor of leaving were not swayed by economic arguments — and likely still aren't today.
It’s five years since Britain voted to leave the EU – so what number should really have been on the side of the Vote Leave bus? Ben Chu examines the real impact of Brexit on the UK’s economy.