Has Brexit really harmed Britain’s economy?
From our UK edition
The Labour top brass jostling to replace Keir Starmer have all indicated that they want to reverse the Brexit referendum in some way. The most vocal EU cheerleader is Wes Streeting, who said over the weekend: ‘Leaving the European Union was a catastrophic mistake… It’s left us less wealthy, less powerful and less in control than at any point before the industrial revolution.’ Leaving aside Streeting’s comments about Britain’s relative power and control since the industrial revolution, is it fair to say that Brexit has made Britain less wealthy? Today, the IMF upgraded Britain’s GDP growth forecast to 1 per cent, following last month’s cut, making projected growth faster than any other European economy in the G7 this year.