Brexit's Economic Legacy: A Decade of Feeble Growth and Unfulfilled Promises
A decade after the 2016 Brexit referendum, the UK's economic performance has been feeble with only 6% real per capita growth. Paul Johnson (former IFS director) and Robert Johnson (Centre for Cities) analyze how Brexit's promised deregulation and growth have failed to materialize, examining the economic costs, the government's push to "reset" EU relations, and the broader implications for the UK economy.
Key quotes
Since the Brexit referendum of 2016, and since actually leaving the EU in January 2021, the UK's economic performance has been feeble.
On a per capita basis, the economy expanded by a mere six per cent in real terms between J
The government is pushing to 'reset' relations with the EU
From the article
Paul Johnson, former director of the Institute for Fiscal Studies and Robert Johnson of the Centre for Cities analyse the economic impact of Brexit and its promise of deregulation and growth
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