Brexit

Fact checks looking at the impact and reported impact of brexit on the UK economy

21 May 2018

What’s happened to employment since the vote to leave the EU?

Employment is up, unemployment is down and there are more people from outside the UK in work than before the Brexit vote.

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What’s happened to employment since the vote to leave the EU?
4 May 2018

Estimates of lower GDP growth post-Brexit don’t mean a recession

Government analysis of a number of Brexit scenarios estimated that over the next 15 years economic growth could be reduced by around 2%, 5% and 8% depending on the outcome.

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Estimates of lower GDP growth post-Brexit don’t mean a recession
16 March 2018

The UK is one of the three largest economies in the EU

The UK is the EU’s second largest economy after Germany, or third after Germany and France, depending on the measure of GDP you look at.

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The UK is one of the three largest economies in the EU
16 March 2018

Our Brexit divorce bill will probably be paid off by 2064

The OBR has estimated that the Brexit “divorce” bill will come to £37 billion and will be paid off by 2064.

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Our Brexit divorce bill will probably be paid off by 2064
9 March 2018

32,000 people work in the British steel industry

32,000 people worked in steel in 2016. More than half of these jobs are in Wales, and Yorkshire and Humber.

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32,000 people work in the British steel industry
2 March 2018

Over half of UK exports were via EU trade agreements in 2016

Just over half of UK exports were done via EU trade agreements in 2016. 43% of exports went to EU member states.

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Over half of UK exports were via EU trade agreements in 2016
26 February 2018

Trade across the Irish border

Trade across the Irish border was worth at least £5 billion in 2016.

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Trade across the Irish border
9 February 2018

More people are in work since the Brexit vote

Employment has increased since the Brexit vote, and the unemployment rate is 4.3%.

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More people are in work since the Brexit vote
9 February 2018

The pound has fallen in value since the Brexit vote

The UK had the third-slowest GDP growth in the EU in the last year, and the value of the pound has fallen by 12% against the Euro since May 2016.

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The pound has fallen in value since the Brexit vote
17 November 2017

Is the EU becoming less important to the world economy?

Although the EU’s GDP is growing, it is at a slower rate than the rest of the world’s.

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Is the EU becoming less important to the world economy?

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