Esther Payne :bisexual_flag: and 1 other boosted

"The headline numbers are brutal. UK GDP is now 6–8% smaller than it would have been by 2025 – worse than forecast, not better. That is a permanent loss of national income, not a blip."

"Investment has collapsed. UK business investment is 18% lower than in comparable economies, as firms put money on hold or moved it elsewhere. Employment and productivity are both around 4% lower, locking in weaker wage growth and lower living standards."

#UKPol #Brexit #Economy

https://www.thelondoneconomic.com/business-economics/economics/the-economic-cost-of-brexit-has-just-been-laid-bare-and-its-devastating-403099/

"The headline numbers are brutal. UK GDP is now 6–8% smaller than it would have been by 2025 – worse than forecast, not better. That is a permanent loss of national income, not a blip."

"Investment has collapsed. UK business investment is 18% lower than in comparable economies, as firms put money on hold or moved it elsewhere. Employment and productivity are both around 4% lower, locking in weaker wage growth and lower living standards."

#UKPol #Brexit #Economy

https://www.thelondoneconomic.com/business-economics/economics/the-economic-cost-of-brexit-has-just-been-laid-bare-and-its-devastating-403099/