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Category: Economy

Brexit hitting UK economy and damage set to worsen with new trade barriers, Budget watchdog warns | Evening Standard

7 March 2024 BrexitCarnage Leave a comment

“Office of Budget Responsibility raises impact of leaving EU in its detailed analysis of Budget.” https://www.standard.co.uk/news/politics/brexit-budget-britain-economy-trade-eu-borders-b1143844.html

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Posted in: Economy, UK Filed under: obr, trade-barriers, uk-economy

EU rules limit VAT threshold for UK businesses, Hunt admits privately | The Guardian

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Read More  Chancellor disappointed some conservatives with only limited rise in threshold, but said he was restricted by Northern Ireland…

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Posted in: brexit, Economy, EU, Europe, UK Filed under: budget, eu, hunt, uk, vat

Post-Budget looming growth challenge for UK | Forbes

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​  By Linda Yueh, Adjunct Professor of Economics, LBS. With a UK general election looming this year and the British economy…

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Posted in: Economy, Europe Filed under: brexit, challenge, economic-growth, eu, uk

Chancellor’s tax cuts barely change UK growth prospects | Financial Times

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​  Fiscal watchdog’s forecasts at odds with Hunt’s assertion that his plans would secure ‘not just higher GDP but higher GDP…

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Posted in: Economy, Europe, UK Filed under: brexit, budget, eu, hunt, uk

UK ‘on track’ for 4% hit to economy from Brexit, OBR says | BNN Bloomberg

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​  UK trade intensity — exports plus imports as a share of GDP — was 1.7% below pre-pandemic levels by the…

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Posted in: Economy, Europe, UK Filed under: brexit, economy, eu, hit, uk

UK’s post-Brexit economic struggles look set to linger | Stratfor

6 March 2024 BrexitCarnage Leave a comment

​  In the coming years, the U.K. economy will continue to underperform relative to its pre-Brexit trajectory, but this is unlikely…

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Posted in: Economy, Europe, UK Filed under: brexit, eu, uk

Toxic budgets: UK chancellors who left poisonous legacy | The Guardian

5 March 2024 BrexitCarnage Leave a comment

​  Before an election, chancellors often try to woo voters with tax cuts that leave the incoming government in a hole.…

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Posted in: Economy, Europe Filed under: brexit, chancellors, eu, treasury, uk

UK regional growth gap to widen as London pulls further ahead | The Guardian

4 March 2024 BrexitCarnage Leave a comment

​  Despite levelling up efforts, EY data found the capital and south-east of England would benefit most from a return to…

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Posted in: Economy, Europe Filed under: brexit, eu, regional growth gap, uk

Hunt knows Brexit Britain can’t afford to cut taxes | The Observer

3 March 2024 BrexitCarnage Leave a comment

​  The chancellor is prepared to inflict yet more austerity to pay for a budget bribe. But the UK needs more…

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Posted in: Economy, Europe, Opinion, Politics, UK Filed under: brexit, eu, hunt, taxes, uk

UK factories struggle in February as job cuts accelerate, PMI shows | Reuters

2 March 2024 BrexitCarnage Leave a comment

​  British manufacturers marked a year of falling output in February as factories shed workers at the fastest rate since the…

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Posted in: Economy, Europe, Industry Filed under: brexit, eu, factories, uk

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Comment on Carnage

  • Mark on Brexit has been a resounding disaster. Starmer must find the courage to change course | The Guardian
  • Kevin Jones on New entrance fee to visit Europe set to triple, says European Commission | CNBC
  • Elizabeth Gardiner on Labour is risking UK financial crisis by refusing to re-join EU | Rejoin EU Party
  • Elizabeth Gardiner on Brexit rule could leave UK passport holders banned from Spain for three years | Liverpool Echo
  • Elizabeth Gardiner on Reeves accused of leaving devolved nations in red after NICs rise | The Guardian
  • Elizabeth Gardiner on Bregret: Why many Britons regret leaving EU | Deutsche Welle
  • Kevin Jones on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent
  • Graham on Brexiters’ ‘sabotage’ claims as new proposals clear Commons | The Independent

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