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"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
'chilling explanation of what Brexit will do to the UK economy after December' - Adam Posen [5 mins]
This is the most chilling explanation of what Brexit will do to the UK economy after December. By @AdamPosen, President of the Peterson Institute for International Economics.
'Zero chance' leaving EU will make Britons better off, Nobel laureate economist Paul Krugman says
25/09/2019
Krugman rejects the assertions of Brexiteers that leaving the single market and customs union will ultimately help the UK export more to the rest of the world.
It’s almost 100 days since Britain completed its split from the EU -- almost five years after the referendum vote –- and a clearer picture of the consequences of the decision to leave is starting to emerge.
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.
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
The US economist and former Monetary Policy Committee member on how Britain became so poor and where Labour is going wrong.
Critics say my estimate – that the British economy is around 5 per cent smaller due to Brexit – is implausibly large. This insight tests their scepticism against other ways to estimate the cost of Brexit.
A comprehensive and impartial assessment of the implications of Brexit for economic activity in the UK and the rest of the world.
Boris Johnson accused of misleading voters after claiming there is 'absolutely zero' risk of no-deal Brexit
19/11/2019
'I believe the trade experts', says ex-treasury minister David Gauke - pointing to consensus rejecting claims of rapid new deal.
Boris Johnson's own official government figures shows his Brexit deal will make British people much poorer
17/01/2020
Johnson's own government's analysis suggests that a deal along the lines of that backed by Parliament will reduce annual economic growth by 6.7% compared to staying in the EU.
The cost of Brexit has already been predicted to hit £200 billion this year - totalling more than the UK has paid into the EU over 47 years.
In what follows, a group of leading social scientists explore these themes, explaining what has happened in the past, the situation the UK finds itself in now, and the issues that might confront us going forward. The collection is intended as a guide to the big questions confronting the country in the years to come.
Brexit could cost the UK up to 30 times more than it will gain back from striking a Trump trade deal
02/03/2020
Brexit could cost the UK economy up to 30 times as much as the country hopes to gain back from securing a new trade deal with US President Donald Trump, official figures suggest.
Brexit deal means ‘£70bn hit to UK by 2029'
30/10/2019
Boris Johnson's Brexit deal will leave the UK £70bn worse off than if it had remained in the EU, a study by the National Institute of Economic and Social Research (NIESR) has found.
Difficulties cannot be dismissed as no more than teething problems, say experts.
Trade friction has ‘clear and robust’ impact on supermarket prices, say economists.
Johnson's much-trumpeted FTAs “barely scratch the surface of the UK’s challenge to make up the GDP lost by leaving the EU”.
Brexit Party MEP shut down after questioning economic credentials of Green Party MEP, who informs him she is a professor of economics
27/11/2019
'I think Mr Rowland stands corrected,' said chair after Richard Rowland humiliated in chamber.
Scathing report by Public Accounts Committee criticises government’s approach.
UK’s exit from EU helped fuel inflation crisis, says top US economist Larry Summers.