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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.
Membership of the European Union has contributed to the economic prosperity of the United Kingdom. Uncertainty about the outcome of the referendum has already started to weaken growth in the United Kingdom. A UK exit (Brexit) would be a major negative shock to the UK economy, with economic fallout in the rest of the OECD, particularly other European countries.
Household incomes are around £1,500 year lower today than they were expected to be before the Brexit referendum – with the UK having experienced the sharpest income growth slowdown of any economy for which the OECD publish data.
The UK suffered an outflow of nearly 1,300 scientists in 2020, having been a net importer of academics in 2015, the year before the Brexit vote to leave the EU, OECD data shows.
What should we call a project that poleaxes the economy, destroys our global reputation and threatens political stability in Northern Ireland? If we had known what would come to pass, how would we have voted on it six years ago?
The former UK Ambassador to the EU, Ivan Rogers, explains why even Brexiteers are dismayed over Brexit.
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.
In historical terms, however, those transgressions will end up being little more than footnotes. Viewed from afar, Johnson’s greatest failing is liable to be what he hoped would be his glorious legacy: Brexit.
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.
Thinktank says Brexit and Covid-19 mean Britain could take bigger economic hit over next few years.
Mr Johnson told his cabinet this week that leaving the EU without a deal should hold “no fear” for Britain, but was he right?
European commission looks at tax rules after report reveals tech firms pay less than half the tax of traditional companies.
Annual growth will fall below 1% for first time in decade even with a deal, says thinktank.
In reality, Brexit has hobbled the UK economy, which remains the only member of the G7 — the group of advanced economies that also includes Canada, France, Germany, Italy, Japan and the United States — with an economy smaller than it was before the pandemic.
Nine in 10 UK architecture studios feel Brexit has had a negative impact on them, exclusive Dezeen research has found. / Three years on from the UK's departure from the European Union (EU) on 31 January 2020, Dezeen conducted a survey of 50 architecture studios asking about their experiences of working post-Brexit.
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.
"I have three priorities for our economy: growth, growth and growth." / Yet several reports say one significant factor to have impacted negatively on Britain's growth and economy — also creating a barrier to future performance — is Brexit itself.
The United Kingdom has passed the point of no return. It has less than six months to reach a new trade deal with the European Union or risk heaping more pressure on companies that are already laying off tens of thousands of workers because of the coronavirus pandemic.
Dame Carolyn Fairbairn likens walking away from trade talks to ‘setting fire to the garden shed’ when the house is already in flames.
As evidence mounts of the long-term harm being inflicted on the U.K. economy by Brexit, the government is coming under pressure to acknowledge the elephant in the room.
Crisis has led to 500% increase in Britons taking up citizenship in an EU state
Somerset-founded architecture practice Invisible Studio is moving its operations outside of the UK as a response to Brexit, Dezeen has learned. / "Brexit has been a catastrophe," Invisible Studio said in comments on the survey. "The barriers are obvious but it it is the cultural loss that is even greater."