Economics

Brexit not the cause of poor UK economic outlook


Mark Littlewood writes in The Times

IEA Director General Mark Littlewood has written in The Times evaluating the success of Brexit on the third anniversary of Britain’s exit from the EU.

Mark wrote:

“We seem doomed to spend the coming years analysing every piece of economic data through the prism of Brexit.


“Any statistic that shows us performing marginally less well than the EU average is seized upon by Rejoiners as evidence of the self-harm of leaving.


“The truth is rather more nuanced. Exiting the European Union was bound to have a short-term dislocating impact: significant change always does.

“Brexit has allowed Britain to “take back control” in many areas. But that is no guarantee that this control will be used wisely. If the UK performs poorly, this will be down to poor policy-making rather than the outcome of the 2016 referendum. We would only have ourselves and the politicians we elect to blame.”

The full article can be read here.



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