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> as coronavirus lockdown measures pushed the country officially into recession. This is nothing to do with brexit.
by callamdelaney 6y ago
> as coronavirus lockdown measures pushed the country officially into recession.
This is nothing to do with brexit.
- maxehmookau 6y agoYes, but Brexit won't help the (now much more acutely needed) recovery.
- akmarinov 6y agoYep, this is the first punch from the Corona and the second punch will be beginning of next year when they end up with no deal. The sad thing is that everyone will say that Brexit went through great with no issues, it's the Coronavirus' fault that the economy is bad and is getting worse.
- peterclary 6y agoThings had already started looking very shaky even before Covid-19. City firms moving jobs abroad. Companies seeing orders drop off as EU buyers switched to sources that wouldn’t be affected if the UK left the transition period without a deal. Even with a deal, not being in the same customs union introduces issues that EU customers can avoid by switching suppliers.
- MagnumOpus 6y agoThe fact that the economy shrank is due to covid response. The fact that the economy shrank 22% over the last year rather than 12% in Germany or 10% in the US (a 10% growth difference is _enormous_!) is up to Brexit and government ministers selected not on the back of competence but by picking from the strongest Brexit advocates.