Leaving the EU has reduced Britain’s GDP by up to 8pc, according to a devastating US study

The latest such assessment comes in the form of a paper from the US-based National Bureau of Economic Research (NBER). This concludes that Brexit has reduced UK GDP by 6pc to 8pc, far more than most previous estimates.

Investment is worse off by between 12pc and 18pc, employment by between 3pc and 4pc, and productivity also by between 3pc and 4pc. There have been few more devastating assessments than this.

  • hanrahan@piefed.social
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    1 hour ago

    And yet, Reform UK is looking pretty good in the polls. Make that make sense,

    Lot of stuoid, ugly at heart people out there. I still remember seeing one young guy being interviewed aeound the time of Brexit saying the only reason for Brekoxt is racism.

    The rise of reform should remind people of that,.in a world that needs to be closer, this is the exact.opposite of that

    This makes sense in the same way Trump.and MAGA makes.sense, same sort of people.

    As an Australian, I wish we were asked to join the EU but i fear we’d posion the great EU experiment with our toxcisity.