Probably not the anniversary present the government was hoping to offer the public.
Bank of England cuts UK growth forecast
01/08/2019
Brexit uncertainties are becoming "more entrenched" and increasingly weighing on the British economy less than three months before the country is scheduled to leave the European Union, the Bank of England said Thursday.
Blair report tells Johnson to delay completion by 12 months to avoid ‘disastrous no deal’
16/07/2020
'Too late' to strike a full agreement before December cliff-edge, study commissioned by ex-prime minister concludes - and Europe is staring down barrel of 'a deep recession'.
Boris Johnson accused of misleading voters after claiming there is 'absolutely zero' risk of no-deal Brexit
19/11/2019
'I believe the trade experts', says ex-treasury minister David Gauke - pointing to consensus rejecting claims of rapid new deal.
London: British Prime Minister Boris Johnson has ordered ministers to slash one in five public service jobs to free up billions for tax cuts.
Boris Johnson’s Brexit policy risks no-deal crash-out next year that will trigger a recession and return to austerity, expert IFS analysis indicates
28/11/2019
Institute for Fiscal Studies says it is 'plausible' to expect a £50 billion boost to UK economy if Brexit is cancelled.
As Prime Minister Boris Johnson prepares to depart Downing Street, tossed from office by his own party, his legacy — the opening lines of his eventual obituary — will call him the man who “got Brexit done.” / So how is that going? What can be said about the post-Brexit Britain that Johnson is leaving behind?
EU withdrawal fuelling higher import costs and costing British workers nearly £500 a year, says Resolution Foundation.
Six years after the UK voted to leave the EU, and two years since we officially left the trading bloc, Brexit has reared its head yet again this week.
GDP shows negative growth for first time in nearly 7 years.
Boris Johnson’s government faces deep economic problems. / UK lagging behind major peers on productivity and investment. / “... From a 16% devaluation of the pound to an eye-watering slide in trade and investment, Brexit’s impact is plain to see. The data have only reinforced our view that life outside of the EU would leave the UK worse off.”
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.
Former Bank of England governor Mark Carney has doubled down on his claims Brexit has taken a toll on the pound and sparked higher inflation.
Asked about feared 4% GDP slump, Jeremy Hunt says he doesn’t accept ’all’ OBR forecasts – adding ‘I accept all the ones I agree with’.
Accountancy firm warns of stalled economic recovery without EU trade agreement.
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.
Mark Carney, who ran the central bank until March 2020, said the UK’s decision to leave the EU had devalued the pound which put upward pressure on inflation.
More than half of UK businesses who trade overseas are finding it difficult to trade goods with the EU post-Brexit, according to a new survey.
Frances O'Grady uses speech in North East to warn of effects of bad Brexit.
Current financial woes ‘bear out warnings of Remain side in EU referendum’.
Manufacturing sector shrinks as recession looms – Ports and Brexit complications made matters worse
01/09/2022
The inflationary clouds that have been building over the UK manufacturing industry have finally burst, with a dramatic fall in demand creating the sharpest reduction of new orders since May 2020.
The report by Scotland's chief economist makes a series of dire predictions.
Boris Johnson downplaying economic risks for political gain, say bank’s economists in scathing assessment of government’s strategy and its impact
No-deal Brexit could see substantial number of businesses become unprofitable and trigger food shortages, Mark Carney warns
02/08/2019
‘The challenge is, particularly in food, it’s perishable, so you can’t stockpile today for demand in November,’ Carney says. / A no-deal Brexit could cause food shortages, Mark Carney has suggested, adding that job losses and business closures are also likely.