Spiralling inflation, crops left in the field and travel chaos: 10 reasons Brexit has been disastrous for Britain 03/02/2022
As small businesses crumble, shelves get emptier and the care-worker shortage intensifies, life outside the EU is having a dire effect on many of us. Why aren’t politicians talking about it?
Liz Truss and Rishi Sunak feel bound to talk lower spending to party members, but the former chancellor at least must see the folly of losing billions off our GDP.
The Growth Effects of EU Membership for the UK: Review of the evidence - CAGE Research Centre 07/04/2016
This paper reviews the literature on the implications of EU membership for the UK. It concludes that membership has raised UK income levels appreciably and by much more than 1970s’ proponents of EU entry predicted. ... The economic benefits of EU membership for the UK have far exceeded the costs of budgetary transfers and regulation.
Under the UK’s new immigration system, migrants from the European Union face more restrictive rules than those from the rest of the world. The effects on overall migration numbers may be limited, but the skills and sectoral mix of migrants may look substantially different.
Growth in the UK’s manufacturing sector slowed further last month to a two-year-low as concerns over the global economy and raw material shortages impacted new orders.
“The reason the UK will have the lowest growth in the G7 next year is Brexit. We’re not going to reverse the decline until we begin to remove the barriers – economic, social, scientific – that we chose to erect with the rest of our continent. That’s not rocket science. Just say it.”
Sectors from fishing to aviation, farming to science report being bogged down in red tape, struggling to recruit staff and racking up losses for the first time.
The economic fallout from leaving the EU is becoming all too apparent.
Post Brexit inflation is making UK "sick man of Europe" | Economics | The New Statesman [22 mins] 18/06/2022
A "perfect storm" of Brexit, covid and poor macroeconomic fiscal policies by the Conservatives has weakened Britain's economy and diminished the UK's standing in Europe, says economist Duncan Weldon.
Cabinet minister in ‘complete denial’ over Brexit harm to Britain’s economy which experts put at £31 billion 13/06/2022
Treasury silent on damage being caused by Brexit to Britain’s economy and Bank of England accused of being reluctant to talk about it.
ONS figures show GDP fell by 0.3 per cent in April, with all three main sectors suffering a fall in output for the first time since January 2021.
BREXIT has caused the UK economy to spin in a "downward spiral", a north-east MSP has said.
Figures on the cost of Brexit reported by ITV last week could have given a misleading impression of the cost of leaving the EU.
A study by the Centre for European Reform reveals the “troubling” cost of Brexit and says the losses are now too big to ignore.
It’s not easy to wipe the trademark grin off Richard Branson’s face, but one way is to ask the British billionaire about the challenges facing his home country.
Brexit has cost the UK economy billions of pounds in lost trade and tax revenues, according to research shared with ITV News by the Centre for European Reform. / It estimates the economy is 5% smaller than it would have been if the UK had stayed in the EU.
5.2% GDP shortfall ‘mostly’ down to Britain’s exit from EU, according to top think tank.
‘Should be front-page news!’ – Research shows catastrophic impact of Brexit on UK economy 10/06/2022
Centre for European Reform figures show that by the end of last year, the economy was 5% - or £31 billion - smaller than it would have been if the UK had stayed in the EU.
Now that many advanced economies have recovered and are close to – or above – their pre-pandemic level of output, we can compare Britain’s economic performance to its peers. The results are troubling.
Boris Johnson’s plans to shred the Northern Ireland protocol have no basis in law, economics or diplomacy.
The UK is lagging behind European counterparts in terms of growth because of Brexit, the Director of Tax Research UK tells Nick Ferrari.
Thanks to Brexit, sterling is becoming a risky bet for some investors.
Rees-Mogg’s efforts to reap economic benefits from Brexit has come up woefully short.
Brexit Chickens Come Home to Roost 07/06/2022
While the picture’s hardly pretty and certainly not what advocates of Brexit envisioned, none of it surprises economists. As a former Bank of England official observed: “You run a trade war against yourself, bad things happen.”
An influential survey found that the UK’s manufacturers saw their growth drop to the lowest since October.