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Brexit Blunder: UK Economy Crashes Behind Rivals

  • 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”

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