OBR and others say Brexit has a detrimental effect on the British economy… the evidence you quote to refute that comes from a pro-Brexit site!
> From 2018 to 2023, compared to G7
> UK goods exports performed 15% worse
> Goods imports 8% worse (current prices)
> UK services exports performed better at 17% growth, but behind EU (23%) and Germany (20%)
> Services imports (12% growth) were middle of the G7 pack (above Italy, Japan and France)
OBR is wrong, like the other institutions that embarrassed themselves with many false predictions in the past. How many times must I repeat this? That's why people still arguing against Brexit are forced into manipulative statements like this:
> From 2018 to 2023, compared to G7
You can't measure the impact of leaving the EU by comparing British goods exports with Japan and the USA. That isn't controlling for other factors.
To understand the impact of leaving the EU you have to compare like with like: UK before/after and UK with nearby western European countries which stayed in. Not "all EU members", which includes post-Soviet states still catching up to western GDP levels. Not the G7, which includes members that were never in the EU to start with. You can compare to places like France, the Netherlands, Germany, and as your own citation shows, there's no significant difference when you do that. That is the final and full story. Zero effect of leaving.
The only axe being ground here is the people who still, ten years on, cannot accept that the anti-Brexit arguments were wrong. All I'm doing is responding to these false claims.
Plenty of well established credible organisations including many city institutions say Brexit was damaging for the British economy but I’m supposed to dismiss them because some random Brexit supporter on HN says they’re wrong
OBR and others say Brexit has a detrimental effect on the British economy… the evidence you quote to refute that comes from a pro-Brexit site!
> From 2018 to 2023, compared to G7 > UK goods exports performed 15% worse > Goods imports 8% worse (current prices) > UK services exports performed better at 17% growth, but behind EU (23%) and Germany (20%) > Services imports (12% growth) were middle of the G7 pack (above Italy, Japan and France)
https://brexitfactbase.com/5-2-trade/
Yes Services did perform better than Goods exports but the growth is still below the EU average and Germany