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Ever wondered why your taxes are so high and public services are in such a poor state? Now you know.
Dave Ramsden said the 2016 referendum had contributed to a lower “speed limit” for the UK economy compared to other nations.
Your weekly update from the Brexit ‘downside bunker’, chronicling the downsides, and occasional upsides, of Brexit.
Read it and weep. With no 'sunlit uplands' in sight, further research into the impact of Brexit confirms some of our worst fears.
Leaving the European Union had an impact on the UK economy equivalent to the coronavirus pandemic and likely reduced output by 4%, the chairman of the Office for Budget Responsibility told the BBC.
Manufacturers warn of ‘devastating price war’ on consumers if tariffs are enforced in 2024.
The US economist and former Monetary Policy Committee member on how Britain became so poor and where Labour is going wrong.
Treasury secretary John Glen tried to dodge the question when quizzed on the Today programme.
The impact on trade overall appears to have been broadly consistent with predictions so far, that on immigration much less negative (and perhaps even positive) and on investment somewhat worse. Perhaps the best estimate of the negative impact on Brexit on UK GDP to date is 2–3% of GDP.
Manabu Tamaru is shorting UK bond futures on expectations the nation will continue paying a hefty inflationary price for its divorce from the European Union.
He said many MPs privately agree that the UK should have a closer trading relationship with the EU but are too scared to say so.
The City has been plunged into something of an existential panic in recent months. Fears of international decline have crystallised in the form of a listings drought and a crack squad of City grandees are scrambling to try and steady the ship.
And why none of them actually stack up.
Prices rose by 25 per cent from December 2019 to March 2023, compared to a 17 per cent projection had Britain stayed in the EU single market.
How much has Brexit cost the UK economy? The best publicised estimate is that produced by John Springford of the Centre for European Reform, who concludes that UK GDP is currently about 5% lower than it would have been had we not voted to leave.
The former chancellor said Vote Leave misled people by saying the UK would be better off in financial terms outside of the EU.
Brexit is fuelling Britain's cost of living crisis, according to the former Deputy Governor at the Bank of England Sir Charlie Bean. / Interviewed by BBC Radio 4 on Thursday, the economist said inflation appeared to be "worse" in Britain compared to other European countries.
U.K. inflation is likely to stay higher for longer than that in the U.S. and other countries in Europe due to factors including labor-market pressure caused by the country’s exit from the European Union, Jefferies says.
Mark Carney says there is ‘no joy’ in laying this out as ‘people are having to live with that reality’.
UN figures show value of British goods and services exports rose by 6% between 2012 and 2021, compared with 29.1% for EU.
Brexit and its devastating impact on supply chains, especially for food, is what sets the UK apart from every other country.
The first concerns the United Kingdom. Aside from a few hard-liners, Brexit -- the decision to leave the common market made by Boris Johnson's administration -- has become a disaster.
Brexit and its “devastating” impact on supply chains, especially for food, sets the UK apart from "every other country", a leading economist has declared.
The leader of the GMB union said the UK ‘needs a new settlement’ with the EU as Brexit was ‘hitting trade’.