If Britain ends up in the recession expected by the Bank of England, public anger will be looking for an outlet. / I asked Albrecht Ritschl, professor of economic history at the LSE, what single move the UK government could make to alleviate the pain. “Suspend Brexit for 20 years.”
Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain 03/02/2022
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Closures in 2020/21 follow 856 restaurants shutting down the year before.
The Institute of Directors' economic confidence index for July, measuring business leaders’ confidence to invest in the UK, has barely improved since June.
In historical terms, however, those transgressions will end up being little more than footnotes. Viewed from afar, Johnson’s greatest failing is liable to be what he hoped would be his glorious legacy: Brexit.
BVTV: Brexit fantasy ends 08/07/2022
The idea of Brexit as a force for reordering British society expired with Boris Johnson’s resignation speech, Peter Thal Larsen says.
Boris Johnson’s government faces deep economic problems. / UK lagging behind major peers on productivity and investment. / “... From a 16% devaluation of the pound to an eye-watering slide in trade and investment, Brexit’s impact is plain to see. The data have only reinforced our view that life outside of the EU would leave the UK worse off.”
TJ Coles reviews the ways in which leaving the EU has made Britain poorer.
Labour shortages, Brexit and war in Ukraine will lead to rising construction costs, says survey 30/06/2022
Labour shortages, Brexit red tape and the war in Ukraine will lead to further increases in construction costs in the UK, according to a major survey.
The UK will be stuck with searing inflation for years because of Brexit, according to strategists at Wall Street’s top banks.
EU withdrawal fuelling higher import costs and costing British workers nearly £500 a year, says Resolution Foundation.
The economic fallout from leaving the EU is becoming all too apparent.
Post Brexit inflation is making UK "sick man of Europe" | Economics | The New Statesman [22 mins] 18/06/2022
A "perfect storm" of Brexit, covid and poor macroeconomic fiscal policies by the Conservatives has weakened Britain's economy and diminished the UK's standing in Europe, says economist Duncan Weldon.
As we recover from the pandemic, the impact of Brexit – which we voted resoundingly against in Scotland – is becoming clearer by the day.
As with another self-inflicted economic injury in the 1920s, Britain is struggling under a burden that could be reversed.
Outlook for manufacturing deemed 'poor' as Brexit and cost-of-living issues stymie growth 01/06/2022
The expansion of the UK's manufacturing sector slowed to a seven-month low as inflation ate into household spending and exports dropped in part due to Brexit.
THE former CEO of Sainsbury’s has been clear about what initially caused the cost of living crisis – telling Sky News that Brexit is to blame.
London: British Prime Minister Boris Johnson has ordered ministers to slash one in five public service jobs to free up billions for tax cuts.
Senior Tory Simon Hoare tells i that ripping up Brexit deal in a cost of living crisis would not be ‘grown-up statecraft’.
Truss urged to step back from brink in explosive Brexit spat with Brussels over Northern Ireland 12/05/2022
Tearing up Northern Ireland protocol ‘will spark trade war, drive up inflation and damage UK influence’, warns senior Tory MP.
“You’re running a natural experiment in what happens when you run a trade war on yourself” - Adam Posen 27/04/2022
@AdamPosen is speaking with @lizzzburden about food prices and inflation at #EconafterBrexit
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.
Extra trade barriers created by Britain's exit from the European Union and subsequent trade agreement have added 6% to the cost of food, researchers from the London School of Economics and other universities estimated on Wednesday.
Adam Posen, a former Bank of England policy maker, said most of Britain’s inflation problem stems from Brexit and that he’d vote for a half-point interest rate increase to curb an upward surge in prices.
Food bank charity Trussell Trust warns rise in prices will lead to more families relying on grocery handouts 16/02/2022
Three food parcels are handed out to struggling households every minute, as Tesco boss warns worst of supermarket price rises are ‘yet to come’.