Another poll shows the lies put about by right wingers

The Impact of Brexit on London's Economy - 2023 www.london.gov.uk

In 2018, the Mayor commissioned leading economic analysts Cambridge Econometrics to study the potential impact of different Brexit scenarios on London and the whole of the UK. Cambridge Econometrics has now revisited that analysis, with support from the Greater London Authority’s Economics team, to project the economic impacts of the UK’s departure from the Customs Union and Single Market, in particular the impact of the UK-EU Trade and Cooperation Agreement. The report shows that:
· The UK has 1.8m fewer jobs now that it would have been had Brexit not happened – a drop of 4.8 per cent. There are approximately 290,000 fewer jobs in London in 2023 compared to a scenario in which Brexit did not occur.

· There are 523,000 fewer jobs in construction nationwide, with 81,000 less in London under this scenario.

· There are 388,000 fewer jobs in financial services nationwide, with 92,000 less in London under this scenario.

· The average Briton is nearly £2,000 worse off, while the average Londoner is nearly £3,400 worse off as a result of Brexit.

· UK real Gross Value Added (GVA)- a measure of the size of the economy- is approximately £140bn less in 2023 than it would have been had the UK opted to remain in the Customs Union and Single Market - a drop of six per cent. The capital’s real GVA is more than £30bn less in 2023 under this scenario.

· This economic damage is set to increase should the UK retain its current relationship with Europe. For example, by 2035, the UK’s real GVA would be about £311 billion lower (10.1 per cent) than had it not left the EU. London’s real GVA would be about £63bn lower.



Brexit has also made the cost-of-living crisis more severe in the UK. City Hall analysis shows that 30% of the increase in food prices between December 2019 and March 2023 could be attributed to the effects of Brexit, and other research from the LSE confirms this by showing that Brexit added an average of £210 to household food bills over the two years to the end of 2021, costing UK consumers a total of £5.8 billion

Let's look at that The EU has a whole has stronger Growth. If we Compare it to individual Country's it shows Pre Brexit Growth for the UK was one of the highest in the EU at 8% The state for UK Growth is 3% post Brexit one of the lowest in EU comparison. Even Italy who was predicted to be Bankrupt if they remain in the EU has more Growth then the UK one of them with lower Growth. Is Germany surly your not Suggesting That the UK has A better Economy then Germany lol.

Germany has the Best Economy in Europe

Germany is a basket case - it is the major economy that is dragging the EU down. Since Brexit the UK has grown at the EU average - in economic terms, for the UK , Brexit was a non event.

levels by the end of 2021. By this point, the economy was 0.6 per cent larger than its pre-pandemic level – rather than 1.2 per cent smaller as the earlier figures implied.

Using the updated growth rates, analysts at Capital Economics calculated that the economy was actually 1.5 per cent above its pre-pandemic level by the second quarter of this year. Ruth Gregory, deputy chief UK economist, said that “the implication is that the UK economy is no longer at the back of the G7 pack and it is not so far behind the average”. As the table shows, GDP in other G7 countries is 2.6 per cent above pre-pandemic levels on average – albeit that is driven mainly by the US. This turns the prevailing narrative about the domestic economy on its head: Simon French, chief economist

Even doe this person nakes out the British Economy is Stonger then first predicted .it Still says the Growth for Britain Economy is Still below Average in the G7.

Growth at EU Average since Brexit but has shown by your Chart The UK had the Second Strongest Growth At 8% Now you say it's Average . How can you say Brexit hasn't Effect the Economy if that so from a strong Man of EU to Average lol.

When was we the strong man of the EU? - you have a very different view of the economy in 2016 from me. I certainly would not buy into your view that the economy was booming under Cameron.