Brexit has trapped UK in no-man's land, warns top economist

Effects will continue to drag on economy for years to come, says Andrew Sentance
How has the Brexit vote affected the UK economy? April verdict
‘Brexit is still chilling the economy’ – two experts debate the UK outlook

Britain’s economy is trapped in “no-man’s land” by Brexit and could face the weakest decade for growth since the second world war during the 2020s, a former senior Bank of England policymaker has warned.

Andrew Sentance, a former member of the central bank’s interest rate-setting monetary policy committee (MPC), said: “The UK economy will be limping on for a while, until Brexit negotiations are fully resolved. I can see the UK being in this limbo-land for quite a while – certainly until the late 2020s.”

Continue reading...

from The Guardian http://bit.ly/2GUD425

Comments

Popular posts from this blog

Ply in the sky: the new materials to take us beyond concrete | Fiona Harvey

‘Help us or LSO fails’: Sir Simon Rattle’s plea over Covid and Brexit

The 20 best songs of 2020