Former Bank of England and IMF economist Peter Doyle on SkyNews: "The really big self-harm inflicted by the UK on itself was Brexit," which has made the current crisis much worse. For example: / - Trade frictions when we need to boost exports / - A weaker pound worsening inflation

This is the most chilling explanation of what Brexit will do to the UK economy after December. By @AdamPosen, President of the Peterson Institute for International Economics.

Krugman rejects the assertions of Brexiteers that leaving the single market and customs union will ultimately help the UK export more to the rest of the world.

It’s almost 100 days since Britain completed its split from the EU -- almost five years after the referendum vote –- and a clearer picture of the consequences of the decision to leave is starting to emerge.

It's been five years since the UK voted to leave the EU. The vote appalled those who saw it as economic self-sabotage. But those in favor of leaving were not swayed by economic arguments — and likely still aren't today.

@AdamPosen shows how Brexit has curtailed UK trade, FDI inflows, & immigration growth in a series of charts presented at @UKandEU's The Economics of Brexit conference 2022. #PIIECharts

The US economist and former Monetary Policy Committee member on how Britain became so poor and where Labour is going wrong.

Critics say my estimate – that the British economy is around 5 per cent smaller due to Brexit – is implausibly large. This insight tests their scepticism against other ways to estimate the cost of Brexit.

A comprehensive and impartial assessment of the implications of Brexit for economic activity in the UK and the rest of the world.

'I believe the trade experts', says ex-treasury minister David Gauke - pointing to consensus rejecting claims of rapid new deal.

Johnson's own government's analysis suggests that a deal along the lines of that backed by Parliament will reduce annual economic growth by 6.7% compared to staying in the EU.

The cost of Brexit has already been predicted to hit £200 billion this year - totalling more than the UK has paid into the EU over 47 years.

In what follows, a group of leading social scientists explore these themes, explaining what has happened in the past, the situation the UK finds itself in now, and the issues that might confront us going forward. The collection is intended as a guide to the big questions confronting the country in the years to come.

Brexit could cost the UK economy up to 30 times as much as the country hopes to gain back from securing a new trade deal with US President Donald Trump, official figures suggest.

Boris Johnson's Brexit deal will leave the UK £70bn worse off than if it had remained in the EU, a study by the National Institute of Economic and Social Research (NIESR) has found.

Difficulties cannot be dismissed as no more than teething problems, say experts.

Trade friction has ‘clear and robust’ impact on supermarket prices, say economists.

Johnson's much-trumpeted FTAs “barely scratch the surface of the UK’s challenge to make up the GDP lost by leaving the EU”.

'I think Mr Rowland stands corrected,' said chair after Richard Rowland humiliated in chamber.

Scathing report by Public Accounts Committee criticises government’s approach.

UK’s exit from EU helped fuel inflation crisis, says top US economist Larry Summers.

Brexit is set to have cost the UK more than £200 billion in lost economic growth by the end of this year — a figure that almost eclipses the total amount the UK has paid toward the European Union budget over the past 47 years.

Brexit will have cost the UK more than £200 billion in lost economic growth by the end of this year - a figure which almost eclipses the total amount the UK will have paid towards the EU budget over the past 47 years.

5.2% GDP shortfall ‘mostly’ down to Britain’s exit from EU, according to top think tank.

London Mayor Sadiq Khan calls on the UK government to "urgently build a closer relationship with the EU" after a new report reveals how much the UK economy is losing after leaving the EU.

Now that Brexit has been ‘done’, the British government is refusing to talk about it. But the rapidly escalating crisis in the UK has everything to do with the country’s departure from the EU. The opposition, meanwhile, has gone awol.

FT economics editor Chris Giles explains the assumptions behind post-Brexit scenarios from the UK government and Bank of England suggesting citizens will be thousands of pounds worse off than if the UK had stayed in the EU.

What will be the long-run economic effects of the United Kingdom’s decision to leave the European Union—informally known as Brexit? Compared with remaining in the European Union, there will inevitably be higher trade costs with the rest of Europe, which accounts for about half of all U.K. trade.

Brexit is a Tory invention and pro-Europeans must still fight the prospect of EU exile, writes Will Hutton.

Admission lays bare limited benefits of ‘ambitious’ agreement with Donald Trump.

Treasury committee head suggests it means ‘existing analysis stands’ – of a £130bn hit from loss of frictionless trade with EU.

The Brexit debate deserves so much better than Economists for Free Trade’s latest offering. Their paper, championed by Jacob Rees-Mogg, tries to make the case for leaving the EU without a deal and trading under World Trade Organization rules.

We are economists who care about Britain and its future. We feel compelled to speak out on the risks of Leaving and opportunities from Remaining in the EU. / 12 Nobel Laureates and over 175 UK based economists have signed this statement.

Recalling Newsnight's coverage, Maitlis said: "It might take our producers five minutes to find 60 economists who feared Brexit and five hours to find a sole voice who espoused it. But by the time we went on air we simply had one of each; we presented this unequal effort to our audience as balance. It wasn't."

Income per-head forecast to fall by 6 per cent – just 2 per cent less than under a no-deal departure.

Adam S. Posen delivered the 2019 Data Analytics for Finance and Macro (DAFM) Annual Lecture at the DAFM Research Centre at King’s Business School in London.

In a scathing attack on Liz Truss and her economic vision, former Bank of England governor Mark Carney accused the former PM of turning Britain into “Argentina on the Channel”. / Carney also suggested that Brexiteers, whom the former Conservative leader claimed to champion during her short tenure as PM, had a “basic misunderstanding of what drives economies”.

The Government has been accused of refusing to publish more than 50 “secret” studies in the impact of Brexit – for fear they could cause embarrassment to ministers.

Economists tell us Brexit will have a substantial economic impact on our lives. But how would ordinary people experience them? Ben Chu looks at the possible impact on wages, benefits and taxes.

'...my self-imposed task of documenting the Brexit impact has become a challenge not so much because of the difficultly of weighing up the positives and the negatives, but rather due to the sheer amount of damage Brexit is doing up and down the country, left, right and centre, and across sectors.'

Their forecast of income gains from Brexit contrasts with all other economic analysis, write Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen.

A 19th Century trade agenda will decimate the most productive parts of the 21st Century economy.

I have started reading the Brexit literature again. A recent paper – ‘What impact is Brexit having on the UK economy?’ by Graham Gudgin, Julian Jessop and Harry Western (GJW) from October 2022 argues there is no hard evidence of harm and that studies that claim to find harm are biased and/or incompetent! In this blog, I consider a few of their points in four areas.

Many Conservative party members will be wondering where they go from here. / There is talk of damage limitation and trying to save as many seats as possible in the next election.

The biggest crisis of Brexit to date actually still lies ahead of us in late 2020.

It is highly uncertain what the UK’s future would look like outside the European Union (EU), which makes ‘Brexit’ a leap into the unknown. This report reviews the advantages and drawbacks of the most likely options.

Just over a year since the UK left the single market and customs union, and despite the impact of the pandemic, which makes this kind of analysis all the trickier, we can begin to analyse the impact that Brexit has had on the UK economy. These impacts will vary significantly by sector and also by region. In this report, the authors investigate what they might be in the area of manufacturing.

‘If the government thought it had a very strong case they would publish these studies ... it’s an indication that there’s nothing there’

The report shows that no deal will not “get Brexit done” rather, it will usher in a period of prolonged uncertainty for citizens, workers and businesses, which is unlikely to be resolved anytime soon, our new report, No deal Brexit: issues, impacts, implications, reveals.

Non-Tariff Barriers (NTBs) are the main policy impediment to international trade, yet little is known about their pass-through to prices. This paper exploits the Brexit trade policy shock to quantify how NTBs affect consumer prices and welfare.

The Public Accounts Committee warned of "trade-offs" across "agriculture, the environment and human rights”.

This paper examines how international trade has developed between Britain and the EU since the end of 2019 to mid 2021.

Small towns in the Midlands and North are among the areas likely to suffer most from the bare-bones trade deal Boris Johnson is seeking with Brussels, according to a respected economic thinktank.

THE SNP have hit out at the UK Government’s “unacceptable” refusal to publish an impact analysis on the Brexit deal, despite having done so for other trade agreements.

The showdown took place at the European Parliament in Strasbourg today.

The new Prime Minister was decisively on the side of those who claimed that the country would have a better future outside the EU.

Mark Carney and other financiers seem to think London can do business as usual without playing by the EU's rules. This is confidence bordering on complacency.

We estimate that leaving the single market and customs union had reduced UK trade by 11 per cent in March 2021. That is on top of a 10 per cent hit to trade between the referendum and leaving the single market.

In September 2021, UK goods trade was 11.2 per cent, or £8.5 billion, lower than it would have been if the UK had stayed in the EU’s single market and customs union.

This paper examines the macro-economic benefits of the Single Market in goods and services by simulating a counterfactual scenario in which tariffs and non-tariff barriers are reintroduced. In this counterfactual scenario, intra-EU trade flows are significantly reduced.

Membership of the European Union has contributed to the economic prosperity of the United Kingdom. Uncertainty about the outcome of the referendum has already started to weaken growth in the United Kingdom. A UK exit (Brexit) would be a major negative shock to the UK economy, with economic fallout in the rest of the OECD, particularly other European countries.

This LSE Lecture on the economic impact of Brexit is part of the Programme on Brexit and is given by Lorenzo Codogno, Iain Begg and Francesco Torres, all from the LSE European Institute.

European migrants living in the UK contribute £2,300 more to public purse each year than the average adult, suggesting a net contribution of £78,000 to the exchequer over their lifespan in the UK.

This paper reviews the literature on the implications of EU membership for the UK. It concludes that membership has raised UK income levels appreciably and by much more than 1970s’ proponents of EU entry predicted. ... The economic benefits of EU membership for the UK have far exceeded the costs of budgetary transfers and regulation.

The damage to the UK economy due to Brexit has cost £66 billion ($86 billion) so far, and left the United Kingdom teetering at the brink of a new recession, according to economic data published last week.

It’s five years since Britain voted to leave the EU – so what number should really have been on the side of the Vote Leave bus? Ben Chu examines the real impact of Brexit on the UK’s economy.

"We conclude that gravity models generate estimates of the impact of EU membership on exports which are variable but for all EU members are always positive and significant."

There is an obvious flaw in advocating Brexit on the basis that it’s less costly than the worst pandemic the world has faced in a hundred years. But this aside, the claim Covid-19 is a bigger economic shock than Brexit deserves further interrogation.

We were asked to sum up the economic benefits of the UK’s new post-Brexit trade agreements. Our first observation is that if we take as a starting point the trade agreements that the UK would have been party to as a member of the EU, the government has, to date, signed no new trade agreements!

The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acrimony and rancour surrounded debates around austerity and joining the euro, but analysis from the Bank of England to the OECD to academia has all concluded that Brexit would make us economically worse off.

Reactions to Theresa May's Lancaster House speech by Simon Wren-Lewis, Jonathan Portes, Ashoka Mody, Adam Posen, Richard Baldwin, Stephanie Flanders, Kallum Pickering, Azad Zangana and Philip Shaw.

A few days back, Tim Martin appeared on Question time. A 1-min clip of his performance has gone viral on Twitter. So error-packed was that one minute, that we should take the time to dissect it to bits...

BORIS Johnson's proposals for a bridge or tunnel connecting Northern Ireland and Scotland have faced criticism from the Fraser of Allander Institute think tank.

So far, in the first two months of Brexit, the following industries have indicated that they have been harmed: Aerospace; Airlines; Architecture; Art and Antiques; Beer; Bees; Cattle and horse breeding; Charities; Cheese; Chemicals; Cars; Classic Cars; Construction; Cosmetics and Perfume; e-Commerce; Fabrics; Fashion; Ferry services; Film and TV production; Financial Services; ...

If Gordon Brown had reached a different judgment on his famous “five tests”, what might have been the economic consequences?

All trade deals combined worth less than 50p per person a year, analysis of government figures shows.

Economic considerations are one of the questions that will weigh on MPs’ minds when they come to scrutinise and vote on the Government’s EU withdrawal agreement. This short paper summarises what is known about the long-term economic impact of Brexit and what questions must be addressed by the Government’s final analysis of this issue.

Dr Thomas Sampson is a Lecturer in the Department of Economics and a Trade Research Programme Associate at the LSE’s Centre for Economic Performance.

Now that many advanced economies have recovered and are close to – or above – their pre-pandemic level of output, we can compare Britain’s economic performance to its peers. The results are troubling.

World-renowned economist Adam Posen reveals some tough truths about Britain’s situation.

Kira Gartzou-Katsouyanni, Max Kiefel, and José Javier Olivas Osuna write that the Leave vote can be attributed partly to political discontent associated with trajectories of relative economic decline and deindustrialization.

Why is the BBC giving so much time to hardline Brexiteers, asks journalist Raymond Snoddy.

It's a pretty damning verdict from the former secretary of the Treasury, director of the National Economic Council and president of Harvard University.

Next boss, thinktanks and unions criticise Boris Johnson, saying ‘shortages cannot be blustered away’

EUROPE’S PARLIAMENT has overwhelmingly voted to extend a stopgap trade agreement. But the rancour behind the vote, and the deal’s thin measures, say much about future relations.