Brexit impact on UK economy 'negative for foreseeable future', Bank of England chief says
news.sky.com
The bank's governor, Andrew Bailey, said for nearly a decade he had been careful to "take no position on Brexit" but when asked directly about its impact on economic growth he "had to answer that question".

He has said:

I take no position per se on Brexit… But, I quite often get asked a second question: what’s the impact on economic growth?

And the answer is that for the foreseeable future it is negative.

Thoughts on this?

  • HumanPenguin@feddit.ukEnglish
    9·
    1 day ago

    Yeah unfortunately that are locked in by the same logic.

    The only thing more stupid then leaving your largest trading partner. Is being a smaller country and leaving your largest trading partner.

    The UK as a whole is as if not more important to Scotland then the EU. And now we have been dumb enough to leave the EU. It’s a fucking nightmare for Scotland both ways.