Suspect we're going to have plenty more disappointing GDP figures to come. Those high trade barriers will be a drag for some time (4% is a huge economic loss, and restrictions on immigration make it worse) and government has no plan for growth.
https://twitter.com/tnewtondunn/status/1458695567413063681
Self-proclaimed free marketeers, who are mostly in reality supporters of hard Brexit and therefore high trade barriers, are very confused, complaining about everything except the one thing doing more to drive growth downwards than any other.
https://twitter.com/rolandmcs/status/1458678591265333253
And of course a trade war with the EU over the Northern Ireland protocol will depress growth further, and even the threats will be having a chilling effect.
Brexit trade barriers are bad for the economy. As predicted by every reputable study.
Brexit trade barriers are bad for the economy. As predicted by every reputable study.
The world did not, in fact, turn out to be post-geographic in terms of trade. Free Trade Agreements turned out to be little compensation for losing single market membership.
But until these are admitted, it will be nigh on impossible to have a serious debate about UK growth.
But until these are admitted, it will be nigh on impossible to have a serious debate about UK growth.
On the economic impact of UK words and potential actions on the Northern Ireland Protocol - reintroducing political risk to businesses at inevitable cost. thetimes.co.uk/article/b12505…
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