We are already £900 a year worse off because of Brexit

Brexit

The figure is based on loss of Gross Domestic Product , which has lagged behind other G-7 nations since the divisive vote in 2016. ‘The way that that has come through is because we have had quite a lot of inflation, because the pound has declined in value. That means that imported foods and goods have become more expensive. That’s the way that [the economy] has had less income.‘It also means businesses are less willing to invest. When they do, they take on more people, and the pay becomes a bit more because people are more productive.

Mr Springford said the economy was unlikely to regain ground lost since 2016, with its recovery depending on how post-Brexit trade negotiations play out. Britain is finally set to leave the EU at 11pm tomorrow night, following a bitter three year deadlock which took two elections, two prime ministers and countless deadline extensions to resolve.Boris Johnson has given himself a year to hammer out a new relationship with Brussels, despite warnings from the EU that this timeline is unrealistic.

Yay! Thank you Brexit. Stupid bloody electorate!

I'm sure Brexiteers would say it's a price worth paying pity it affects everyone else too

No difference whatsoever in this house or anywhere I can see.

The deal is done now give up its over

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Source: The Guardian - 🏆 84. / 53 Read more »