4 ms·
No it didn't. The economy was growing at the time of the vote and continued to grow after it, a bit faster even. Unemployment hit record lows. You may be think
by nvm0n2 3y ago
No it didn't. The economy was growing at the time of the vote and continued to grow after it, a bit faster even. Unemployment hit record lows.
You may be thinking of the predictions of the remain campaign which very heavily featured the idea that even the vote itself, without any actual legal changes, would trigger a recession due to "uncertainty". But that was wrong, it never happened.
Check the trade stats for yourself. Trade is down but that's because of the huge damage of lockdowns and other terrible policies. Brexit would show up as a reduction in trade with the EU faster than elsewhere, but that didn't happen, the proportion remained about the same. This data comes from the government itself. Seeing any Brexit effect in the recorded data just isn't possible.
That's surprising given that even most leave campaigners accepted that there would be some impact, no but in the end it seems the single market was basically a mirage. It never did much for services which is the bulk of the UK economy.
Again, if you don't believe me, check the data for yourself.