Brexit is far worse for the UK than Covid. Why didn’t Sunak mention it in his Budget speech?

Last Updated: October 29, 2021By Tags: , , , , , , , , , ,

Big mistake: Johnson said Brexit would release a huge amount of money into the UK economy – instead it has shrunk the economy by four per cent. That’s more than any of the recessions of the 1970s and 80s.

Rishi Sunak’s big lie: in his Budget speech he referred time and time again to the effect of the Covid crisis, and the need to recover from it – and not once to Brexit.

So the Budget “does not draw a line under Covid”; it prepares for “a new economy post-Covid”; it forecasts that the economy with “return to its pre-Covid level” at the turn of the year; it says the Tory government has been “more successful” than feared in preventing the “long-term economic damage of Covid”.

Sunak talked about supporting theatres, orchestra, museums and galleries “to recover from Covid”; he refers to the business rate cut as being among “Covid reliefs”; and he says Covid was “not just a public health challenge and an economic challenge – it was a moral challenge too”.

What about the public health and moral challenges of Brexit, then – now that we know it has caused twice as much harm to the economy as Covid-19?

According to the Guardian article,

Richard Hughes said the Office for Budget Responsibility (OBR) had assumed leaving the EU would “reduce our long run GDP by around 4%”, adding in comments to the BBC: “We think that the effect of the pandemic will reduce that (GDP) output by a further 2%.”

“In the long term it is the case that Brexit has a bigger impact than the pandemic”, Hughes told the broadcaster.

And yet it hasn’t been mentioned by the government in its most significant financial statement of the year.

Could it be that someone (Boris Johnson) is a little embarrassed?

He should be:

Only yesterday – the day after the Budget speech – Parliament was hearing about the devastating effect on the economy… of Brexit:

Let’s be honest, minister Victoria Prentis’s reply wasn’t very reassuring, was it? The questioner had already said people aren’t queuing up domestically to harvest fruit and vegetables, and the EU recruitment schemes have all failed. That leaves automation, which will stop people from having jobs in the future.

It’s the elephant in the Treasury.

Sunak won’t talk about it because he knows a Tory government caused it.

And it has caused twice as much harm as the pandemic he has blamed for so many of the UK’s current problems.

It seems to This Writer – and doesn’t it seem the same to you? – that nothing he has said will count for anything if he continues to ignore the biggest single threat to our well-being, just because his boss caused it.

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No Comments

  1. disabledgrandad October 29, 2021 at 4:11 pm - Reply

    Brexit is far worse for the UK than Covid. Why didn’t Sunak mention it in his Budget speech? Could it have something that is was inflicted on us by TORYS, Torys LIED about it they gave us a crap deal and still messing about with it!!!

    It’s such a crap deal and even the fishermen and farmers two of the biggest supporters now realise what a BS idea it really is…

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