The UK’s goods trade is lagging far behind the rest of the G7, while services are booming.
The three remaining arguments for Brexit
26/06/2023
And why none of them actually stack up.
From NHS staff shortages to export woes, the effects of the 2016 vote are still being felt.
UN figures show value of British goods and services exports rose by 6% between 2012 and 2021, compared with 29.1% for EU.
Labour big beast Neil Kinnock has warned Keir Starmer he might struggle to meet a key election pledge without rejoining the EU’s Single Market.
Financial Times US Editor-at-Large Gillian Tett says many people in the United States “are just baffled” Britain went along with Brexit, describing it as an “act of self-sabotage”. / “Britain has got the worst performance amongst the G7,” Ms Tett told Sky News Australia host Piers Morgan.
The former UKIP leader made the surprise comment as he was presented with the mounting evidence that quitting the European Union has damaged the British economy.
Once again the lead proponents of Brexit are so divorced from reality that it borders on the comical. / Nigel Farage’s GB News show delved into the murky pits of absurdity last night as grown-ups discussed the deeply damaging effects of Brexit on a real TV channel.
It would take just a few to say that it is a "bit of a mess and we are going to have to work together to solve it" to get Britain back on track. / “I thought Brexit was frankly completely nuts,” he said.
The former MP for Vauxhall suggested an Irexit would soon be on the cards after the UK left the EU. How wrong she was!
"The jury is in, the fat lady has sung, there is no debate anymore." / The UK is on track to be the worst-performing G7 economy this year – despite an upgrade from the International Monetary Fund.
‘A terrible, self-inflicted own goal’: Kevin Maguire pins Britain’s economic woes to Brexit
12/04/2023
The Mirror man called the UK's split with the EU "a disaster, a nightmare," adding that "long term it'll take 4% off the economy."
The UK economy will perform worse than any major economy this year, even worse than sanctions-hit Russia.
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.
Brexit “slammed the brake on UK investment”, SNP economy spokesperson Stewart Hosie has said. / Responding to Chancellor Jeremy Hunt's Spring Budget, Mr Hosie argued the UK economy was “one of the weakest” in the G7.
Chris Heaton-Harris says "no", leaving the EU has not damaged the economy. / Northern Ireland Secretary Chris Heaton-Harris was left struggling to defend the economic case for Brexit, after being put on the spot by Sky News’ Sophy Ridge.
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.
The former chancellor said the Conservatives, Labour and national broadcasters "won’t talk about it", but the split with the EU is to blame.
THE UK will be the only major economy to plunge into recession the year, the International Monetary Fund (IMF) has warned – with the finger pointed at the “economic self-harm of Brexit” on the three year anniversary of Britain leaving the EU.
Paul Johnson responds to IMF warning that UK will be weakest major G7 economy this year.
Probably not the anniversary present the government was hoping to offer the public.
The forecast leaves the UK economy languishing behind sanctions-hit Russia.
Regret takes hold in Brexit bastion
27/01/2023
Grays, a town near London, voted overwhelmingly in favour of Brexit. But three years after severing ties with the EU, some are feeling remorse as the country lurches from one crisis to another.
‘The project is probably now unsalvageable’, says former PM’s old employer. / The Conservatives have made such a “hash” of Brexit that the project is probably “unsalvageable”, according to Boris Johnson’s favourite newspaper.
Brexit has made Brits 'suffer' and been 'catastrophic' for the UK economy, says ASDA chairman Stuart Rose [1 min]
17/01/2023
Brexit has been "catastrophic" for British businesses and the country has "suffered" as a result, the chairman of Asda has said.