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Our silence over the issue is compounding the problem.
Stagflation reflects the "realities that Brexit has wrought", economist Adam Posen said.
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.
Former business secretary Sir Vince Cable and nearly 60 economists have warned new policies have echoes of those that contributed to the 2008 crash.
A couple of points are worth observing already. Nearly six years on from the Leave vote, the supposed opportunities of Brexit remain entirely conspicuous by their absence. And ramping up the rhetoric by claiming “immense opportunity” does not change this reality.
London: British Prime Minister Boris Johnson has ordered ministers to slash one in five public service jobs to free up billions for tax cuts.
The consequences of leaving have long been clouded, including by the impact of Covid. Now the data is firming up—and it’s not good news.
Rather than starting a trade war with the EU, the UK needs to forge a practical and constructive relationship.
Trade friction has ‘clear and robust’ impact on supermarket prices, say economists.
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.
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.
As Britons, not Brussels, foot the bill, many will be asking how a Brexit bonus turned into a tax bombshell.
"As far as trade is concerned, things are panning out in the manner once stupidly dismissed as “Project Fear”. And we will be poorer as a result."
The government is exploring a controversial further delay to post-Brexit checks on imports from the EU because of growing alarm that they will exacerbate the cost of living crisis.
Economists at Natixis are trying to examine the effects on the UK economy of the June 2016 referendum that triggered Brexit. They look at the different important variables and seek to determine what the overall effect of Brexit has been on the United Kingdom.
“Brexit Opportunities Minister”. How about that for a contradiction in terms? Yet, this is a genuine post created for the oft-called “Member of Parliament for the 18th Century”, Jacob Rees-Mogg.
The Chancellor and Prime Minister need a plan to counter figures showing lower growth after the hit to EU trade.
The UK’s shift towards a more restrictive migration regime after Brexit will not deliver the “high wage” economy promised by prime minister Boris Johnson, a report shows.
It is increasingly clear that Brexit is doing enormous damage to Britain’s economy. And for what, exactly?
The clip was filmed in 2018 as part of a three-part documentary on the US embassy called Inside the American Embassy.
EU countries have, on the whole, absorbed the shock of Brexit. But in Britain, trade is down – and prices are up.
As the pandemic recedes, the negative impacts of Brexit will become clearer and its political effects more unpredictable.
A year after Britain left the European Union, you could be forgiven for thinking the current economic gloom has nothing to do with Brexit, and everything to do with Covid.
Regime change at No.10 could revive one vision of the British economy. But it remains totally unrealistic.
“The entirely avoidable Brexit crisis has had as much of an impact on UK businesses as the unforeseeable Covid-19 tragedy, and its costs are still rising."