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.
Firms are "banging their heads against the wall" two years after post-Brexit trading began, a new report suggests. / The British Chambers of Commerce (BCC) said businesses were still grappling with EU trading arrangements and more red tape.
Brexit: The scorecard two years on
02/01/2023
So how is it going? In economic terms, the past year has helped differentiate the impact of Covid from the impact of Brexit. / Doing so has exposed a hefty price being paid by many firms, as well as public service employment, for dislocation of Britain from its nearest neighbour's trading bloc.
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.
Keith Brown challenged pro-Union parties at Holyrood to explain how they would reverse "the dismal downwards trend" caused by the UK leaving the EU.
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.
Center for European Reform says departing the EU single market reduced investment by 11 per cent and goods trade by seven per cent in the second quarter of 2022.
‘Worse than feared’ – Brexit costs UK £33bn
21/12/2022
Brexit has cost the UK a staggering £33bn in lost trade and investment, according to a new study that found the economic damage is even worse than previously feared.
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.
Brexit has left the UK economy 5.5% smaller than it would have been and added to the squeeze on public services that’s behind strikes crippling the railways and National Health Service, a prominent research group concluded.
Economy 5.5 per cent smaller than if Leave referendum hadn’t happened, says think tank.
UK should rejoin single market as quitting EU ‘biggest piece of self-inflicted harm,’ says Sadiq Khan
29/06/2022
Britain should push to rejoin the single market because Brexit is the “biggest piece of self-inflicted harm ever done to a country,” says Sadiq Khan.
Polls show average annual gap between those who believe it was ‘wrong’ to vote to Leave compared to ‘right’ has risen to double digits for the first time. / A growing number of Britons say the UK was wrong to Brexit, according to a Standard analysis of more than 200 polls.
Real pay set to be £470 lower per worker each year, say top economists. / “We can’t blame Brexit for all of the 5.2 per cent GDP shortfall … but it’s apparent that Brexit is largely to blame,” said John Springford, author of the CEF study.
Cabinet minister in ‘complete denial’ over Brexit harm to Britain’s economy which experts put at £31 billion
13/06/2022
Treasury silent on damage being caused by Brexit to Britain’s economy and Bank of England accused of being reluctant to talk about it.
Figures on the cost of Brexit reported by ITV last week could have given a misleading impression of the cost of leaving the EU.
A study by the Centre for European Reform reveals the “troubling” cost of Brexit and says the losses are now too big to ignore.
UK trade with the EU has fallen sharply, new figures from the Office for Budget Responsibility show.
The Centre for European Reform (CER) estimates that leaving the single market and customs union at the end of 2020 has reduced UK trade by £7.7billion, or 11%, since March.
Brexit has cost UK nearly £16 billion in trade of goods since the 2016 referendum, The Centre for European Reform estimates
12/05/2021
Brexit has delivered a blow of nearly £16 billion to the UK’s trade in goods since the 2016 referendum, leading experts said today.
Brexit has already cost £11.5billion in trade, Centre for European Reform think tank estimates
13/04/2021
Brexit has delivered a £11.5 billion blow to the UK’s trade in goods since the 2016 referendum, a leading think tank said today.
Brexit has already cost the UK economy almost £70bn – the equivalent of £440m a week or £840 for every household in the country each year – according to a new report from the Centre for European Reform released today.
One government department alone spent £5.5m in a single month on management consultants to help with Brexit policy, it has emerged.
The think tank study indicates GDP would be 2.3 per cent higher had the UK voted to remain in the EU.