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Boris Johnson is poised to become prime minister thanks to a small, unrepresentative population of Brexiteer voters bent on destruction.
This reshuffle will make little difference: the country is going nowhere as the PM leads us further down an economic dead end.
The battle for foreign investment is not a game conducted on public school playing fields. It is ruthlessly fought by governments armed with every trick in the book.
If Britain ends up in the recession expected by the Bank of England, public anger will be looking for an outlet. / I asked Albrecht Ritschl, professor of economic history at the LSE, what single move the UK government could make to alleviate the pain. “Suspend Brexit for 20 years.”
The Chancellor and Prime Minister need a plan to counter figures showing lower growth after the hit to EU trade.
In historical terms, however, those transgressions will end up being little more than footnotes. Viewed from afar, Johnson’s greatest failing is liable to be what he hoped would be his glorious legacy: Brexit.
The next, Brexit-induced recession will be most painful for poorer households, who are also those that voted Leave in greatest numbers.
A year after Britain left the European Union, you could be forgiven for thinking the current economic gloom has nothing to do with Brexit, and everything to do with Covid.
WELL, the cat is out of the bag. Brexit visionary Nigel Farage has finally admitted the truth – that Brexit has been an unmitigated disaster for households and businesses across these islands.
Brian Reade marks the third anniversary of leaving the EU by lamenting the huge cost the country has suffered as a result.
As we count down to Christmas, let’s reflect on the impact Boris Johnson’s hard Brexit has had on Scotland and the UK.
Jeremy Hunt’s comments show how far we are from a rational debate about the economic consequences of leaving the EU.
GIVEN the ruling Conservatives’ seeming penchant for pulling the wool over the electorate’s eyes on Brexit, it was heartening last week to hear Mark Carney deliver some home truths.
“Brexit Opportunities Minister”. How about that for a contradiction in terms? Yet, this is a genuine post created for the oft-called “Member of Parliament for the 18th Century”, Jacob Rees-Mogg.
Rees-Mogg’s efforts to reap economic benefits from Brexit has come up woefully short.
Three years on, we are covered in the scars of what it has done to this country.
The costs of Brexit are growing, and that dividend is still elusive. / As Britain’s negotiations to leave the European Union enter their crunch moment, let’s be clear on one thing: The EU doesn’t need to punish Britain for leaving; the referendum did that just fine.
Less than two weeks after her government plunged the markets into crisis with a disastrous budget, Prime Minister Liz Truss used her closing speech at the Conservative Party conference to blame the meltdown on a nebulous anti-growth coalition.
Brexit is a Tory invention and pro-Europeans must still fight the prospect of EU exile, writes Will Hutton.
The UK debate about Brexit’s impact on the economy has ranged from non-existent to unserious. Labour is avoiding the subject, to try to regain lost voters in pro-Brexit constituencies, and the government immediately changes the subject to vaccines or free trade deals.
HSBC, Barclays, Lloyds and NatWest have strong capital buffers but their exposure to U.K. consumers and Brexit is taking a heavy toll.
With its economy in tatters, England is not having its finest hour. It is a time of transition for the United Kingdom... /
The announcement that British Steel is to enter insolvency is the latest example of how uncertainty over Brexit is threatening livelihoods across the country. This does not just affect the 5,000 workers at Scunthorpe, but also a support staff of 20,000 across the whole supply chain. / Sadly, many other firms face the same danger ...