The Mudcat Café TM
Thread #165570 Message #3992460
Posted By: Jim Carroll
15-May-19 - 03:35 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
Where are all these people who are losing their jobs as firms close down suddenly managing to find them - Sainsburys hasn't got that many shelves needing stacking
We find that Brexit has been an important source of uncertainty for many UK businesses. We estimate that this led to a 6% reduction in investment in the first two years after the referendum, with employment also around 1.5% lower. And Brexit is likely to reduce future UK productivity by around half a percentage point via a batting average effect of output being reallocated away from higher productivity firms toward lower productivity ones. The majority of businesses anticipate that Brexit will eventually reduce sales and increase costs.
DETAILED BUSINESS STUDY HERE
THIS CONTINUES TO BE THE TREND IN BRITAIN
All this is a diversion anyway
'Patriots' like Dyson and Rees Mogg have advocated for and are pushing through Brexit while, having realised the realities of the above statements, have removed their money from Britain and have put it in a safer place
Those who are worst affected have no option but to bite the bullet and bear the brunt of the negative effects
It should be their right to confirm they wish to do so