Ten years on, the UK's workers take stock of Brexit
Summary
Ten years after the Brexit referendum, the UK economy shows a 6% loss linked to Brexit, based on Bank of England data. While the UK’s economic growth was similar to other advanced countries right after 2016, it has fallen behind the US and Canada since the early 2020s.Key Facts
- Brexit refers to the UK leaving the European Union after a 2016 vote.
- The UK economy is estimated to be 6% smaller than it would have been without Brexit.
- This estimate comes from analysis of internal data from the Bank of England.
- Official GDP numbers from the OECD showed the UK kept pace with other rich countries soon after Brexit.
- Since the early 2020s, the UK’s economic growth has slowed compared to the US and Canada.
- The report includes opinions from British workers about how Brexit affected their lives.
- The news highlights ongoing political and economic challenges connected to Brexit.
- The article is from FRANCE 24 and includes video reporting by Clovis Casali.
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