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Old 29-12-2021, 09:36   #3605
OLD BOY
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Re: Britain outside the EU

Quote:
Originally Posted by 1andrew1 View Post
It's the OBR's own modelling that GDP will be permanently 4% lower than if we had remained in the EU. Even if we had a different Prime Minister, the factors that combine to make up the decrease in GDP like trade friction with the EU will still be there.
The OBR can't have factored in the anticipated new trading opportunities, then. How could they? It's a bit hard to anticipate exactly how businesses will seek to maximise these opportunities. We will only know that when it happens.
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