The UK is on course to be the world's worst-performing major economy this year, according to updated predictions from the International Monetary Fund - which puts at least part of the blame on higher taxes and interest rates.
Probably not the anniversary present the government was hoping to offer the public.
The forecast leaves the UK economy languishing behind sanctions-hit Russia.
British Chambers of Commerce presents government with urgent recommendations as members report struggling to sell into EU.
Brexit barriers are having a significant impact on North East small and medium-sized enterprises (SMEs), hitting their exports as they struggle with regulations and red tape, a new report this week reveals. The region’s universities are another sector badly hit...
A UK-first consultation has been launched to gather evidence on the biggest issues facing all industries - including farming - since Brexit.
The OBR forecast that Brexit would cost the UK economy 4% of GDP now looks ridiculously optimistic as the damage mounts.
Inflation and the cost-of-living crisis – both of which are also linked to Russia’s invasion of Ukraine – have been made worse by the cost of Brexit, according to the Ex-Secretary of the Department for Exiting the EU.
'Immense damage' done by Brexit is something I cannot ignore: Sadiq Khan attacks government 'denial' 12/01/2023
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 London Mayor will call for greater alignment with Europe, putting him at odds with Labour leader Sir Keir Starmer.
The evidence increasingly shows that our decision to leave the European Union has lifted the price of imported goods, flattened business investment and damaged trade.
Brexit regret: Why the ‘undeniable disaster’ finally hit home with the British public in 2022 01/01/2023
Public opinion shifted against Brexit after a deluge of damning evidence on economic costs.
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.
"The UK chose Brexit in a referendum, but the government then chose a particularly hard form of Brexit, which maximized the economic cost."
Wonder what happened to 'let's fund our NHS instead?' / New research has found Brexit has cost the UK government £40 billion a year in lost tax revenue.
John Cole explores the government's response to a petition calling for an enquiry into the impact of Brexit before it's debated in parliament.
Hunt repeatedly said he did not “accept” the OBR’s prediction that Brexit will cause a 4 per cent GDP reduction in the long term.
Charlie Cornish says departure from EU has harmed UK aviation sector’s ability to recruit workers.
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’.
UK companies have seen their new orders decline at the fastest pace for nearly two years this month, with manufacturing recording the steepest fall in export sales since May 2020 as firms experienced Brexit-related constraints, a survey shows.
Media outlets around the world have been documenting Britain’s Brexit ‘bregret’ as economic headwinds hit our shores.
Michael Gove has failed to name a single change from Brexit that has “made business easier”, as criticism of the economic harm from the trade deal grows.
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.
'The Covid veil, now almost completely lifted, has revealed the challenges still faced by exporters struggling with customs and paperwork challenges and other Brexit constraints putting off overseas customers'