Severity 5 — Catastrophic💰 economy31 January 2020
Brexit — A Self-Inflicted Economic Wound
The Conservatives' Brexit has cost the UK economy an estimated £140bn per year according to the OBR, shrunk trade with the EU by 15%, caused food price inflation, labour shortages, and is estimated to have permanently reduced UK GDP by 4–6%.
Source
Office for Budget Responsibility🌍 See this event in context
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