Tag Archives: 2.5

UK economy 2.5 per cent SMALLER than if Remain had won EU referendum – experts

I don’t expect this to persuade anybody who voted ‘Leave’.

We all remember leave-voting Michael Gove’s comments about experts, after all.

But this is not speculation or prediction – it is an evidence-based finding.

The UK economy has suffered as a result of the Brexit vote and is 2.5 per cent smaller than if a majority had voted to remain in the EU.

A loss of £360 million per week!

That’s only £6 per person – but it’s £312 per year, and in a country where most people can’t even boast £100 worth of savings, it might be more relevant than it seems.

I await the excuses of the Brexiteers.

On a similar note, the figures seem to show an improvement in the economy of more than 15 per cent since the Conservatives took office in 2010, yet real-terms average pay has fallen by thousands of pounds per year.

The money has to go somewhere so we must conclude that those who control the money flow – business leaders and bankers – are keeping it for themselves.

Where’s the outrage at that?

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