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Major new @CER_EU study: 'The cost of Brexit, ten years on: The impact of leaving the customs union and single market on UK trade', by John Springford and @AntonSpisak #costofbrexit #brexit
Read here: buff.ly/5r48H6b
Centre for European Reform (CER)
22.4K posts
Centre for European Reform (CER)
@CER_EU
The CER is an award winning think-tank devoted to making the EU work better and strengthening its role in the world. We are pro-European but not uncritical.
- Latest CER estimate: the UK economy is 2.5 per cent smaller than it would be if Britain had voted remain. The knock-on hit to the public finances is £19 billion per annum – or £360 million a week. cer.eu/insights/cost-…
- .@johnspringford has updated his cost of Brexit model for the second quarter of 2022. Britain’s economy is 5.5% smaller as a result of Brexit. #costofbrexit cer.eu/insights/cost-…
- 📺 @JohnSpringford spoke to @ITVJoel about the impact that Brexit has had on the UK economy. His findings: ▪ GDP down by 5.2 per cent ▪ Investment 13.7 per cent lower ▪ Goods trade reduced by 13.6 per cent All figures compared to a 'doppelgänger' UK economy still in 🇪🇺. 1/2
00:00 - 🇵🇱 🇪🇺 🇭🇺 The EU will soon decide on Poland & Hungary's recovery funding, in the context of democratic backsliding & corruption there. But these problems go beyond both countries. However you prefer to get clued-up on our latest #anticorruption research, we’ve got you covered. /1
- “China’s overproduction is quite staggering at this point,” said @SanderTordoir of @CER_EU. “The number of loss-making industrial firms in China is now at 180,000, which is at least three times as high as in any point in the last 25 years.” buff.ly/472VgAW
- Who should pay for reconstructing Ukraine? Western governments want the private sector to do the lion’s share, but they would do better to use Russia’s frozen assets. 🇺🇦 🇷🇺 🆕 @CER_EU insight by @tashecon & @CER_IanBond ahead of #URC23
- Disappointing to hear @theresa_may suggest that EU nationals have somehow been bending migration rules for years – it has been their (and UK citizens') right to move freely across EU & comment does not give due credit to big contribution EU nationals make to UK
- Future historians will ask why the British government paid so little attention to economics during the negotiation. The short answer that Johnson’s government prioritised sovereignty. New insight by @CER_Grant
- "Brexit's supporters maintained leaving the EU would put rocket boosters under the UK economy. It has done the opposite, cutting the size of the economy by over 5%, according to the Centre for European Reform." @Hugodixon quotes @JohnSpringford's research
- No withdrawal agreement means no transition period: if there is a no-deal #Brexit, UK citizens living in the EU would become third-country nationals on November 1st. New CER bulletin article by @CaminoMortera
- @hilarybennmp tells @CER_EU event at Labour conf: we need to force government to change its mind on UK remaining in the customs union
- Clarification re @Jacob_Rees_Mogg + @SteveBakerHW comments on @CER_Grant. “I did not say or imply that the Treasury had deliberately developed a model to show that all non-customs union options were bad, with the intention to influence policy,” @CER_Grant shar.es/1NEYQc
- John Bolton is not a trade envoy–his concerns are Iran, China, Huawei “He is using the carrot of a potential free trade agreement with the US -something the UK and Brexit supporters have wanted for a while- as a means of applying pressure to the UK” @SamuelMarcLowe tells @SkyNews
