The Mudcat Café TM
Thread #162855   Message #3896607
Posted By: Dave the Gnome
31-Dec-17 - 09:52 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
I loved this quote from the Keegan article, linked above.

Chris Giles, the economics editor of the Financial Times, has analysed the results of a series of independent studies. One of the main findings is that the referendum result has already cost the UK close to 1% of GDP, with consumer spending hit by the devaluation of the pound, and business investment by the lack of confidence caused by the prospect of Brexit and the government’s chaotic handling of the affair.

Curiously enough, the estimated hit to the economy already amounts to £350m a week, remarkably similar to the figure of so-called benefits to the NHS that were promised on the sides of the notorious Brexit bus.


Would those who seem to rely on single articles to support their case please note that the quote says specifically a number of studies had been analysed and a number of contributory factors are quoted. This is what is called unbiased.

DtG