Brexit has dealt the UK economy a "productivity penalty" of £29bn, or £1,000 per household, a Bank of England policymaker has said.
He said the UK had "suffered much more" of a productivity slowdown than other large economies because of Brexit.The Bank of England declined to comment.was asked why he thought the UK was an "extreme outlier" when it came to facing a slowdown in productivity. "If you look in the period up to 2016, it's true that we had a bigger slowdown in productivity up to 2016, but we had a lot of investment. We had a big boom between 2012-ish to 2016.Since the Brexit referendum in 2016, there has been a global pandemic, swiftly followed by an energy crisis, which has made estimating any financial impact directly related to Brexit difficult.
Brexit wankers .
The BIASED BROADCASTING CORPORATION still can't get over Brexit and the FACT that it was voted for by the public.
Did the 29bn go to the NHS?
😂😂😂 the propaganda is never ending 🙄
Funny how Brexiteers have gone quiet last few months
What happened to inflation being transitory BoE? You are useless!
Yawn…
Both haramkhor bbc and britain
Worth it
The sad remoaner tears must be uncontrollable!
The Treasury said it did not recognise Mr Haskel's figures.
Talk to our Irish friends about how great the EU is.. destined to get highest growth in the zone but your average Irish person is much worse off and hating being in the eurozone… fact is Europe as a continent is struggling.
That should read 'says one of the most pro-EU civil servants in the UK' really. You should be transparent about these people's backgrounds.
Covid debacle is the worst.
And, as usual, the BBC regurgitates a patent falsehood entirely uncritically.
So the fastest growing Economy in the G7 did so despite a £30 billion hit? The UK Economy is indeed strong.
Amazing how remoaners trust what the bank of England say if they can attach it to brexit..
this is so obviously trying to manufacture consent to rejoin.
Interesting that left-leaning media (such as LGBBC) are continually anti-Brexit. Brexit has always been right. The total failure to implement Brexit (instead of just leaving) has caused the mess since. We never needed an agreement to leave, just a letter.
But before the vote BorisJohnson said everything would be ok Surely not more lies from Boris
If only there was a way of hitting Brexit Leave voters with higher taxes so that they could at least pay for the shambles they inflicted on sensible folks.🤷♂️
Reverse Brexit, it’s killing the UK
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Brexit has cost UK £29bn in business investment, says BoE rate setter\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t De-brexit. andrew_lilico GeorgeTrefgarne Brexit Dividend Brexshit
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