Economy

Economy

The signs are clear. Our destiny lies with Europe, not a ‘sovereign global Britain’ fantasy | Peter Hain

It’s now official. Brexit has caused lasting damage to the UK economy and, with the Tories in denial, Labour needs to lead the way with a new policy agenda.Yet it’s almost a taboo topic: the Tory government won’t admit it and Labour is understandably reluctant to rekindle old Brexit flames.The governor of the Bank of England, the Office for Budget Responsibility (OBR) and the Organisation for Economic Co-operation and Development (OECD) all agree that, notwithstanding Covid or the Ukrainian war, Brexit is the main reason why the UK is the...
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