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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.
Philip Hammond - Tariff free trade deals would only contribute a tiny amount to our GDP... so we must quash "this myth that third country trade deals will solve all our problems"
Britain is already heading for the worst coronavirus-induced slump of any major economy. Now fears are rising that businesses could be slammed by a second body blow this year — the failure of trade talks with the European Union.
Sadiq Khan is expected to attack the Government’s “denial and avoidance” of the “immense damage” he says Brexit is wreaking upon the country.
The leader of Plaid Cymru Adam Price calls on Labour to make the positive case for the single market and customs union.
It’s almost 100 days since Britain completed its split from the EU -- almost five years after the referendum vote –- and a clearer picture of the consequences of the decision to leave is starting to emerge.
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.
Probably not the anniversary present the government was hoping to offer the public.
Ever wondered why your taxes are so high and public services are in such a poor state? Now you know.
“You bring Brexiters on, you never challenge them. You let them talk utter rubbish about Brexit. Year after year after year.”
A Scottish Conservative MSP was left floundering on BBC Newsnight last night as the live audience revealed what they really thought about the state of the country right now after Brexit.
THE UK Government’s trade minister admitted she doesn’t know the impact of the New Zealand deal on GDP compared to the cost of Brexit during questioning from MPs.
Critics say my estimate – that the British economy is around 5 per cent smaller due to Brexit – is implausibly large. This insight tests their scepticism against other ways to estimate the cost of Brexit.
A trade collapse with the EU shows that the damage will linger on far longer than Liz Truss did.
A comprehensive and impartial assessment of the implications of Brexit for economic activity in the UK and the rest of the world.
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.
Andrew Bailey said the deal was broadly in line with what the BOE forecast in November.
Official document puts likely benefits of free trade agreement with Donald Trump at below 0.2 per cent of GDP – and possibly as little as 0.02 per cent.
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.
The report estimated the PM's deal would be worse for the economy than continuing with the current indecision and uncertainty
Prime minister's proposal worse for economy than Theresa May's deal, analysis says.
Some companies will have to move operations to the EU due to trade barriers, Office for Budget Responsibility says.
According to our study, the deal now being discussed would reduce per capita GDP by 6.4%, as opposed to 4.9%
The next, Brexit-induced recession will be most painful for poorer households, who are also those that voted Leave in greatest numbers.
PM vowed to ‘take back control’ – but dithering has handed advantage to countries on other side of the table, Institute for Government says.