Today, 12:25
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#6328
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Wisdom & truth
Join Date: Jul 2009
Location: RG41
Services: RG41: 1Gig VOLT
Rutland: Gigaclear 400/400
Posts: 13,087
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Re: Britain outside the EU
Quote:
Originally Posted by 1andrew1
Just read the reports. Here's a starting point. https://obr.uk/box/how-are-our-brexi...ns-performing/
But if you're seeking a report specifically explaining how Mr Sephiroth of Wokingham, England will be better off each month then you have set your expectations too high; one might suggest intentionally so.
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This is the paragraph that matters:
Quote:
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Overall, our assumptions about the impact of Brexit appear to be broadly on track and recently published studies are also broadly consistent with these estimates. However, it remains hard to draw firm conclusions given the challenges of disentangling the simultaneous impacts of Brexit, the pandemic, and other geopolitical developments affecting UK and global trade. Trade data are also volatile and prone to revision, particularly trade in services. Moreover, the full implementation of the TCA will further increase barriers to trade in goods with the EU. We expect the total impact of Brexit to be realised several years after full implementation of these barriers. In the meantime, we will keep our Brexit assumptions under review.
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Seph.
My advice is at your risk.
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