Chancellor says Brexit deal caused long-term damage to economy
From bbc.com
Rachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In remarks published this weekend, the chancellor told the world's leading finance ministers and central bankers: "The UK's productivity challenge has been compounded by the way in which the UK left the European Union." She quoted the OBR's calculation of a 4% long-term hit relative to remaining in the UK, and said the UK "acknowledges this" in seeking stronger trade ties. Labour had been reluctant to stress arguments ...
(full story)