EU & Brexit Bunker

[PurplePenguin]

The dam is leaking a bit... politicians mentioning the B word. (Comment by Ian Dunt)

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Is this the missing 4% of growth that would have propelled the UK to vastly outperform all its peers?

 

[briantrumpet]

Is this the missing 4% of growth that would have propelled the UK to vastly outperform all its peers?

Who knows?

 

[briantrumpet]

Or, undermining that, from Copilot (isn't AI great!)

 

[briantrumpet]

From the Sunday Times, reporting on a speech Bailey gave in Washington:

Andrew Bailey has warned that the economic impacts of Brexit will be negative “for the foreseeable future” in the strongest intervention yet by the governor of the Bank of England on the consequences of Britain’s exit from the EU.

He said that he was careful not to give a personal view on Brexit, and that it was his job as a public official to implement the decision “taken by the people of the UK”.

“But if you ask me what the impact is on economic growth, I do have to answer that question as a public official,” he said. “And the answer is that, for the foreseeable future, it is negative but over the longer time there should be a positive, albeit partial, counterbalance.”