Quote:
Originally Posted by Mick
You’re seriously coming back at me with this?
The Observer is the sister paper of the grauniad, from same parent company but more crucially, on same liberal political spectrum.
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lol, no harm in accuracy or owning up to a minor mistake. Me pedantic,
sometimes.
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Quote:
Originally Posted by Mr K
The govt. asked for a report, the evidence is there. They don't like the results as it's politically inconvenient, well facts are facts. Should we believe a slogan on the side of a bus more ?
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Exactly. A reminder of the Government's analysis:
1. Gains from trade deals - upto plus 0.6%
New trade deals with third countries would not compensate for the loss of growth from Brexit
- Assuming a trade deal with the US would be concluded, it would benefit GDP by about 0.2 per cent in the long term.
- Assuming trade deals with other non-EU countries and blocs, such as China, India, Australia, the Gulf countries, and the nations of Southeast Asia would add, in total, a further 0.1 per cent to 0.4 per cent to GDP over the long term.
2. Loss from Brexit - up to minus 8%
2-8% per cent of growth over 15 years, depending on the hardness of Brexit.