The men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’.
The impact of Brexit on people’s earnings could be ‘substantial’, say experts. / Millions of workers in Britain will be about £1,300 worse off a year due to Brexit, leading experts have said.
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.
Paul Johnson responds to IMF warning that UK will be weakest major G7 economy this year.
UK economy made worse by 'own goals' like Brexit and Truss mini-budget, IFS economist says 18/11/2022
Paul Johnson, the director of the Institute for Fiscal Studies (IFS), said "we're about to get a lot poorer" due to economic "own goals". / Brexit, slashing investment and Liz Truss's mini-budget are among the "own goals" that have led to the UK's dire financial straits, according to a top economist.
Experts from the Institute for Fiscal Studies, the Resolution Foundation and others agreed Kwasi Kwarteng’s unfunded tax cuts played a role.
The Office for Budget Responsibility suggested leaving the EU would reduce the UK's long-term GDP by around 4% - compared to 2% for the pandemic and lockdowns.
Small towns in Midlands and North will suffer most from Boris Johnson’s Brexit trade deal, IFS says 26/02/2020
Small towns in the Midlands and North are among the areas likely to suffer most from the bare-bones trade deal Boris Johnson is seeking with Brussels, according to a respected economic thinktank.