Government finally acknowledges 'severe' economic impact of Brexit

Government acknowledges ‘severe’ economic impact of Brexit

After successive Tory leaders failed to acknowledge the disastrous economic impact Brexit has had on the UK economy, the Labour government had admitted that the decision to leave the EU is one of the main reasons behind the UK’s sluggish economic growth. Chancellor Rachel Reeves is set to deliver the budget next month, and still needs to find the money to plug a fiscal black hole worth around £20bn in the country’s finances. Earlier forecasts fr…

Government finally acknowledges 'severe' economic impact of Brexit

It looks like Keir Starmer's government is finally acknowledging one of the main reasons behind the UK's malaise: Brexit.