Economists Judge Brexit Bill to Be Worse Than Ever Just as Politics Is Shifting


Far from being too pessimistic, the UK’s official forecaster underestimated a predicted 4% dent to the UK’s long-term gross-domestic-product by as much as half, implying a more-than £200 billion ($267 billion) cost to the economy, according to a new National Bureau of Economic Research paper authored by economists including Nicholas Bloom, Philip Bunn and Paul Mizen. 



Source link

  • Related Posts

    Gen Z shoppers are cutting their holiday budgets. Here’s why.

    According to a new Deloitte survey, Gen Z shoppers are expecting to cut down their holiday spending budgets by up to 34%. Wedbush managing director of equity research Scott Devitt…

    ICE has arrested nearly 75,000 people with no criminal records, data shows

    More than a third of the roughly 220,000 people arrested by ICE officers in the first nine months of the Trump administration had no criminal histories, according to new data.…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Gwyneth Paltrow Channeled ’90s CBK in a Chic Boat Neck Dress

    Gwyneth Paltrow Channeled ’90s CBK in a Chic Boat Neck Dress

    Benin Rejects Claims of a Coup by Opposition Soldiers

    Tax Fairness Starts With The Forms

    Tax Fairness Starts With The Forms

    Gen Z shoppers are cutting their holiday budgets. Here’s why.

    Gen Z shoppers are cutting their holiday budgets. Here’s why.

    Paranormal investigator explores ghost ships in latest Hellboy comic set in Labrador

    Paranormal investigator explores ghost ships in latest Hellboy comic set in Labrador

    ICE has arrested nearly 75,000 people with no criminal records, data shows

    ICE has arrested nearly 75,000 people with no criminal records, data shows