Exactly, but perhaps uniquely the whole world was impacted by Covid and so you can measure impact through comparison with other similar economies that suffered Covid in similar ways. It's not going to be perfect, but Covid doesn't have to be a barrier for a proper attempt at an honest assessment of how Brexit has impacted the UK. Not an easy task I'll agree with you, but a necessary one I feel.
For years the governing party have pretended imposing economic sanctions on ourselves comes with a zero net cost.Looking forward to Thursday's budget ?
Brexit a major cause of UK’s return to austerity, says senior economist
Brexit is the ultimate reason why the UK now faces a fresh round of austerity, a former interest rate-setter at the Bank of England has said. “The UK economy as a whole has been permanently damaged by Brexit,” Michael Saunders, a former external member of the central bank’s Monetary Policy Committee said in an interview with Bloomberg TV.
“It’s reduced the economy’s potential output significantly, eroded business investment,” he said, adding: “If we hadn’t had Brexit, we probably wouldn’t be talking about an austerity budget this week. The need for tax rises, spending cuts wouldn’t be there, if Brexit hadn’t reduced the economy’s potential output so much.”
https://www.msn.com/en-gb/money/oth...pc=U591&cvid=5d0e466b652846c186d7c6bafdb7e0da
Turned out nice again, hasn't it
"Good - It'll teach those fatcat bankers a lesson..."London loses position as most valuable European stock market
Paris is now Europe's biggest stock market, overtaking London for the first time since records began in 2003.www.bbc.co.uk
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London loses position as most valuable European stock market”
I remember someone predicting this a few years ago.
The problem is that those who Starmer is struggling to convince (those on the left of the party) and those who come out to vote in numbers (old people) are still more likely to be pro-Brexit. He risks (further) alienating both by the merest suggestion that it was the wrong thing to do.
i agree with this in principle but given the mess the UK economy is in, this is another set back in the long list of set backs and will prove costly, especially as it’s a a sector the UK is reliant on; it’s not just “fat cat bankers” who will be impacted. You can’t just casually brush this off with a flippant comment.
I don't think re-joining is an option in the near term, you can not underestimate the trust that has been eroded by our leaders ridiculous behaviour. If it ever does happen we won't be gifted the special terms and opt outs we had which were the best of any member.
Even I do not want the divisive debate again just yet, though I hope the next Parliament will take us towards it.
I think even mentioning the word Brexit would alienate (what is sadly still a not insignificant and disproportionately noisy) part of the electorate. I suspect that we will negotiate a 'special' customs union (which will look exactly like the EU one) but will be 'a British customs union' to recognise the fact that we are British. We will then gradually put back all of the sensible regulations, rules and processes to allow business to continue and maybe, just maybe, actually grow the economy
Nothing to do with Brexit give me strength when will the right wing press admit they were and continue to be spouting falsehoods
Indeed, although Liz Truss's political incompetence cannot be overstated.
