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Calmdown to Brexit
•REC⁴
Registered User
User ID: 445175
06-23-2018 07:52 PM

Posts: 2,174



Post: #181
RE: Calmdown to Brexit
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The Brexit vote has already wiped £440 million a week from Britain's economy

Brexit has slashed Britain's public finances by £440 million a week, according to new research, which found the UK economy is already 2.1% weaker than it would have been if the country voted to stay in the European Union.

A report from the Centre for European Reform (CER) found that — thanks to lower tax revenues — the knock-on hit of the vote to leave the EU to public finances has been £23 billion per year.

The Office for Budget Responsibility — an independent statistics watchdog — has also predicted that Brexit will raise the UK's deficit and debt, which in turn requires tax raises, spending cuts, or both.

The OBR says that is because there is strong evidence the UK will be more closed to trade, investment, and migration once it has left the EU, consequently lowering tax revenues.


http://uk.businessinsider.com/brexit-div...?r=US&IR=T
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LoP Guest
lop guest
User ID: 447296
06-23-2018 09:17 PM

 



Post: #182
RE: Calmdown to Brexit
•REC⁴  Wrote: (06-23-2018 07:52 PM)
The Brexit vote has already wiped £440 million a week from Britain's economy

Brexit has slashed Britain's public finances by £440 million a week, according to new research, which found the UK economy is already 2.1% weaker than it would have been if the country voted to stay in the European Union.

A report from the Centre for European Reform (CER) found that — thanks to lower tax revenues — the knock-on hit of the vote to leave the EU to public finances has been £23 billion per year.

The Office for Budget Responsibility — an independent statistics watchdog — has also predicted that Brexit will raise the UK's deficit and debt, which in turn requires tax raises, spending cuts, or both.

The OBR says that is because there is strong evidence the UK will be more closed to trade, investment, and migration once it has left the EU, consequently lowering tax revenues.


http://uk.businessinsider.com/brexit-div...?r=US&IR=T


Lol

Too bad the ignorant masses weren't better educated before the vote..

Oops! Told ya so!
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•REC⁴
Registered User
User ID: 445175
Today 12:25 PM

Posts: 2,174



Post: #183
RE: Calmdown to Brexit
Crooks.
--------


Liz Sly
‏Verified account @LizSly
21 minutes ago

Huge & shocking scoop by @CamSimpsonNews. Among the findings: When the Brexit vote closed & Nigel Farage said on TV that Remain had won, a hedge fund led by one of his top fundraisers made $300 million shorting the pound.
(This post was last modified: Today 12:25 PM by •REC⁴.) Quote this message in a reply








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