Guardian analysis: Brexit has left Britain poorer, in charts
politicsJun 14, 202616234
The Guardian presents charts and a National Bureau of Economic Research paper showing UK GDP per capita is now 6 percent to 8 percent below the path it would have followed if Britain had stayed in the EU. The piece says forecasters were wrong to predict an immediate post-referendum recession but were right that leaving the EU reduced long-term output through weaker goods exports and lower business investment. Sterling still sits below its pre-referendum level, and trade and investment data show sustained underperformance versus comparable economies. That matters because a 6 to 8 percent drag on GDP per capita means lower living standards, less public revenue, and reduced fiscal room for growth or services.
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