- ORIGINAL NEWS
Brexit Britain has ‘significantly underperformed’ other advanced economies, Goldman Sachs says
- SUMMARY
A recent analysis by Goldman Sachs reveals that the UK economy has performed significantly worse since leaving the European Union in 2020.
The shortfall is estimated to be around 5% compared to similar countries.
This is primarily attributed to reduced trade, weaker business investment, and decreased immigration from the EU.
The study suggests that Brexit has had a negative impact on the UK’s growth, productivity, and inflation levels.
- NEWS SENTIMENT CHECK
- Overall sentiment:
negative
Positive
Negative
“Britain’s decision to leave the European Union has hampered the economy”
“Post-Brexit Britain has ‘significantly underperformed’ other advanced economies since the 2016 EU referendum”