The agreement reached between the UK and the EU is as good a deal as we were ever likely to get. I will leave others to comment in detail on the legal and technical aspects, but here are five key points (my personal views) on the economics. First, it important to be clear about the … Continue reading A ‘thumbs up’ to the Brexit deal
At the weekend former PM Gordon Brown claimed that a ‘no deal’ Brexit would leave Boris Johnson isolated ‘with no friends around the world’. This is a familiar theme. In 2019, for example, Brown warned that the UK was ‘sleepwalking into oblivion', and that a nation once admired for its tolerance and pragmatism now presented … Continue reading Would a ‘no deal’ Brexit really leave the UK friendless?
Ever since the 2016 referendum, Brexit pessimists have been highlighting the damage that they think has already been done to UK GDP by the vote to leave. This narrative is looking increasingly tired. Indeed, last year the UK economy actually grew faster than its peers in the rest of the EU. Now that Brexit is … Continue reading Has Brexit Britain turned the corner?
Economists are divided on whether there will be a significant boost to the UK economy from a reduction in Brexit uncertainty. I’m optimistic and expect growth to accelerate over the course of 2020 and beyond. Others are not, arguing that the best we can expect is more certainty of a bad outcome. Here’s a summary … Continue reading Is the ‘Brexit bounce’ the real deal?