Re:UK: Food inflation rises to 18.2% as it hits highest rate...
by pharmakom on Saturday March 25, 2023 @04:51AM
(#35300773)
There is some evidence:
- Governemtn forecast 4% lower GDP than without Brexit
- UK car industry significant decline in output since 2015 (around 30% IIRC)
- People who immigrated here for work (and have the right to stay) are choosing to leave
- Low investment compared to comparable regions / countries
- Turmoil around NI
- Banking migrating to Europe and New York in particular
- Trade deals not materialising
It’s not what “project fear” warned us of, but it’s certainly not good. Many of these effects are playing out across years so haven’t really hit home for people yet.
- Governemtn forecast 4% lower GDP than without Brexit
- UK car industry significant decline in output since 2015 (around 30% IIRC)
- People who immigrated here for work (and have the right to stay) are choosing to leave
- Low investment compared to comparable regions / countries
- Turmoil around NI
- Banking migrating to Europe and New York in particular
- Trade deals not materialising
It’s not what “project fear” warned us of, but it’s certainly not good. Many of these effects are playing out across years so haven’t really hit home for people yet.