Britain remains on track for a record fall in living standards over the two years to the end of March 2024, despite an upward revision to growth forecasts, the Office for Budget Responsibility (OBR) said on Wednesday.
An exclusive poll for i shows that firms feel the Government had not done enough to support them through Brexit.
US Embassy staff discussing Brexit. They know Brexit is a disaster and that the British Govt are not telling the public that 52% voted for something that's likely to be "very very bad".
In the months after Boris Johnson signed his post-Brexit trade deal with the European Union, the coronavirus masked the economic damage of leaving the bloc. As the pandemic drags on, the cost is becoming clearer -- and voters are noticing.
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.
But the UK’s departure means far-reaching changes for the Irish economy. We are already seeing signs of how things may shake out and the really fundamental changes it means for many businesses, for consumers and for trade.
The 4% hit to economic output envisaged by the UK’s fiscal watchdog could cost £84.5bn, Labour and Commons library research suggests.
Some companies will have to move operations to the EU due to trade barriers, Office for Budget Responsibility says.
THE UK is set to see a sharp slowdown in economic growth as mounting supply chain crisis and staff shortages, largely blamed on Brexit, threaten to derail Britain’s recovery, according to a major business group.
Brexit: UK economy 4% lower than if it remained in European Union, says Office for Budget Responsibility chairman
26/03/2023
The economy is 4 per cent lower than if the UK had remained in the European Union, the chairman of the Office for Budget Responsibility (OBR) has said.
Trade Consultation: Give Your Evidence - UK Trade and Business Commission [Deadline: 17/03/2023]
23/01/2023
The UK Trade and Business Commission is gathering evidence to understand the main challenges facing businesses, organisations and economic sectors to establish which policies and trading arrangements will help overcome the economic and trading barriers facing the UK today.
Speech on the Retained EU Law bill by Alyn Smith : "If you will do this damn silly thing, don't do it in this damn silly way." [3 mins]
18/01/2023
"If you will do this damn silly thing, don't do it in this damn silly way. This bill will come back to haunt this gov't, in the same way so many other mistakes, harrumphed to the rafters in this House, have."
The UK is lagging behind European counterparts in terms of growth because of Brexit, the Director of Tax Research UK tells Nick Ferrari.
The economic fallout from leaving the EU is becoming all too apparent.
UK warned not to take appeal for international students ‘for granted’ amid drop in EU student numbers
09/09/2021
International students thought to be worth £25.9bn a year to UK economy.
UK seeing ‘biggest squeeze on living standards’ on record, says head of fiscal watchdog.
"Upwards of £1 trillion" is being taken out of the UK and transferred to Europe - C4 News
04/04/2019
Our Economics Correspondent @HeliaEbrahimi explains how no-deal Brexit preparations are impacting the UK economy.
A comprehensive and impartial assessment of the implications of Brexit for economic activity in the UK and the rest of the world.
Britain may need a bailout from the International Monetary Fund (IMF) and is on the path to become the “sick man of Europe” because of Brexit, a senior finance chief has warned.
Boris Johnson probably wouldn’t have won many votes if he had campaigned on a slogan of ‘Brexit will make Ireland richer’, but that is precisely what his “oven ready” deal has done by making Britain less attractive to investment and less competitive in trade.
It has been almost two and a half years since the United Kingdom signed its post-Brexit trade deal with the European Union (EU), which was expected to have multifaceted impacts on the UK economy.
Brexit is hurting the UK economy, Bank of England officials said Wednesday, even as government leaders downplay the impact of the seismic EU withdrawal.
Why would anyone trust Brexit Britain again?
24/07/2021
Just seven months after singing its praises, British Prime Minister Boris Johnson is attempting to rewrite the Brexit deal he signed with the European Union.
A new House of Lords report exposes the economic aftershocks of Brexit, highlights David Hencke.