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Paul Johnson, director of the Institute for Fiscal Studies (IFS), has told PoliticsHome Brexit and last year’s political turmoil may be among factors that have contributed to the IMF's gloomy economic forecasts for the UK.
The leader of Plaid Cymru Adam Price calls on Labour to make the positive case for the single market and customs union.
Probably not the anniversary present the government was hoping to offer the public.
A Bank of England policy maker has warned that a wave of business investment was “stopped in its tracks” by Brexit, dealing a blow to the UK economy worth £1,000 ($1,204) per households.
"Good to see the BBC wading into the fray at last, now that the damage it's causing is too great to conceal", one person said.
PM urged to recognise pursuit of no-deal Brexit would be regarded as serious error by US.
US president Joe Biden can “see through the spin and fog” from London on the Northern Ireland protocol and will urge the British government to implement the deal it agreed, Minister for Foreign Affairs Simon Coveney said on Wednesday.
In a move rarely seen between allies, Washington issued London with a demarche: a formal diplomatic reprimand usually reserved for adversaries.
Boris Johnson is scrambling to avoid his big G7 Summit from sliding into a damage limitation exercise.
THE UK will be the only major economy to plunge into recession the year, the International Monetary Fund (IMF) has warned – with the finger pointed at the “economic self-harm of Brexit” on the three year anniversary of Britain leaving the EU.
Britain's trade performance is lagging increasingly behind that of other similar economies, according to data that suggest Brexit has had a detrimental effect on exports, on top of the COVID-19 pandemic.
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.
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.
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 been "catastrophic" for British businesses and the country has "suffered" as a result, the chairman of Asda has said.
Britain's exit from the EU has so far made trade more expensive because of delays and red tape, and there could be border disruption ... the UK Public Accounts Committee said today. / Britain became the last G7 developed nation to see its goods exports surpass their 2018 average level since the onset of the Covid-19, underlining its poor trade performance.
UK economy could be comparable to “Slovakia” in 10 years - says economist Duncan Weldon. / Will Dunn is joined by Duncan Weldon ... The two discuss the “uniquely” bad situation of the British economy, what role Brexit played in getting us here...
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?
We were promised sunny uplands and a oven ready deal: instead we've been served extra helpings of cow excrement. As Nigel Farage admits Brexit is a disaster, car manufacturers threaten to walk and Keir Starmer calls for a renegotiation, it's time to accept reality.
‘The project is probably now unsalvageable’, says former PM’s old employer. / The Conservatives have made such a “hash” of Brexit that the project is probably “unsalvageable”, according to Boris Johnson’s favourite newspaper.
The International Monetary Fund ruffled feathers across the Irish Sea with its new forecast for the UK economy this week, now expecting GDP growth to slow to a paltry 1.2pc in 2023, by far the slowest amongst the G7 economies.
The Brexit bills are starting to fall due for Boris Johnson just as the U.K. prime minister seeks to cast himself as a global statesman leading the Group of Seven’s fight to defeat Covid-19.
Once again the lead proponents of Brexit are so divorced from reality that it borders on the comical. / Nigel Farage’s GB News show delved into the murky pits of absurdity last night as grown-ups discussed the deeply damaging effects of Brexit on a real TV channel.
In our series looking at life after Brexit, the European parliament’s former negotiator Guy Verhofstadt argues that Britain exchanged a Jaguar for a Ford Fiesta in the 2016 referendum.