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Category: Economy

The British people ‘just got a lot poorer’, says IFS think tank | The Guardian

18 November 2022 BrexitCarnage Leave a comment

UK has scored ‘a series of economic own goals’, Institute for Fiscal Studies says after autumn statement Autumn statement: key…

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Posted in: Economy, Europe, Politics, UK Filed under: Autumn statement, IFS

Brexit had ‘significant adverse impact’ on UK trade, says official watchdog | Politico

17 November 2022 BrexitCarnage Leave a comment

Office for Budget Responsibility analysis comes alongside latest plan to cut UK spending and hike taxes. Read More 

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Posted in: Economy, Europe, Trade Filed under: brexit

Bank of England Chief Questions Government Plan for Post-Brexit Financial Rules | Insurance Journal

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​Bank of England Governor Andrew Bailey took the British government to task on Wednesday over its plan to give itself…

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

Brexit damage is cause of ‘austerity budget’, says ex-Bank of England economist | The Independent

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“The need for tax rises and spending cuts wouldn’t be there if Brexit hadn’t reduced the economy’s potential output.” https://www.independent.co.uk/news/uk/politics/brexit-austerity-budget-bank-england-b2224911.html

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Posted in: Economy, Politics, UK Filed under: austerity, brexit, damage, spending-cuts, tax-rises

Brexit has hit our economy hard – but the worst is yet to come | Metro News

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https://metro.co.uk/2022/11/16/brexit-has-hit-our-economy-hard-but-the-worst-is-yet-to-come-17771616/

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Posted in: Economy, UK Filed under: economy, lucas, uk

Brexit is weighing on UK economy, Bank of England officials say | Reuters

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​The effects of Brexit are weighing on Britain’s economy, more than six years after voters decided to leave the European…

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Posted in: Economy, Europe, UK Filed under: bank-of-england, brexit, eu, uk

Brexit ‘continuing to hammer’ north-east, says MSP | Northern Scot

15 November 2022 BrexitCarnage Leave a comment

​Karen Adam, the SNP MSP for Banffshire and Buchan Coast was speaking after a top business leader slammed the decision…

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

Watch UK Economy ‘Permanently Damaged by Brexit’: Michael Saunders | Bloomberg

14 November 2022 BrexitCarnage Leave a comment

https://www.bloomberg.com/news/videos/2022-11-14/uk-economy-permanently-damaged-by-brexit-michael-saunders?utm_campaign=socialflow-organic&utm_content=tv&utm_source=twitter&utm_medium=social&cmpid%3D=socialflow-twitter-tv

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Posted in: Economy, EU, Europe, UK, Videos Filed under: brexit, saunders, uk-economy

Is Sunak the new Jim Callaghan? | The Article

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“Just as Liz Truss did, Sunak likes to invoke Margaret Thatcher, who doubled VAT and created three million unemployed, mainly…

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Posted in: Economy, Politics, UK Filed under: brexit, callaghan, levelling-up, sunak

Brexit a major cause of UK’s return to austerity, says senior economist | The Guardian

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Former Bank of England policymaker Michael Saunders says leaving EU has ‘permanently damaged’ economy Brexit is the ultimate reason why…

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Posted in: Economy, Europe, UK Filed under: austerity, brexit, economist, eu, 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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