How would the UK be doing if it were still in the EU and the Brexit referendum had never happened?
The IndependentSign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. You have to try to ask yourself how the UK would be doing if it were still in the EU, and either the referendum had never happened or we’d voted Remain. But UK food-price inflation might be rather lower if the additional costs of doing business with the EU post-Brexit hadn’t been imposed. Fortunately, lots of clever economists have created “doppelganger” models of the UK economy to tease out the effects of Brexit – and they are all negative. If the EU trade deal had allowed the UK to shred labour and environmental rules, then costs might be lower and growth higher – albeit at a cost to workers’ rights and the net zero targets.
History of this topic
Germany sinks into recession – as UK avoids one
The Telegraph
UK inflation remains over 10% as food prices rise
Associated Press
UK inflation stays at 10% as bread rises at record clip. Here’s why it’s proving hard to beat
CNN
Brexit has added more than £200 to UK household food bills, study finds
The Independent
UK inflation back at 40-year high as food prices soar
CNN
UK inflation reaches 10.1% on soaring food, energy costs
Associated Press
Food prices push UK inflation to 40-year high of 9.1 percent
Al Jazeera
ALEX BRUMMER: Europe and Britain are split on inflation risk
Daily MailDiscover Related
