Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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Yes, the mood has shifted against Brexit. But the road back to Brussels is long and hard | Brexit | The Guardian

Yes, the mood has shifted against Brexit. But the road back to Brussels is long and hard | Brexit | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
Three years on, the reality of the split with the EU has changed minds. But dashed hopes could come to haunt Labour, too
Graham Watson's insight:

More on Brexit, with the Observer fanning the flames of the Remainer fantasy by suggesting there's a prospect of rejoining the EU.

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North-east England will pay the price for decades of dishonesty about Nissan | David Conn | Opinion | The Guardian

North-east England will pay the price for decades of dishonesty about Nissan | David Conn | Opinion | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
EU membership was vital in attracting the carmaker, says the Guardian writer David Conn
Graham Watson's insight:

More on the Nissan-Sunderland debacle - with David Conn, not normally a business writer, highlighting the fact that the whole premise which drew Nissan, and other carmakers to the UK, was access to European markets and to fail to acknowledge this is disingenuous.

 

He subsequently argues that the Remain campaign should reflect upon the fact that they didn't seek to educate the public about this during the Referendum campaign. It might have made places like Sunderland, which voted 'Leave', think again.

 

As it is, they seemed happy enough to believe the falsehoods peddled by people from Westminster, with negligible experience of manufacturing, but more than happy to play the immigration card to hoodwink voters.

 

The start of the final paragraph sums it up for me: "To argue that the British public did not understand EU membership when fatefully asked to pronounce on it in a referendum is not to dismiss people as stupid." Perhaps not for its author...  

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The Tories lied their way to Brexit. What is this but sleaze? | William Keegan | The Guardian

The Tories lied their way to Brexit. What is this but sleaze? | William Keegan | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
The key figures in the Owen Paterson debacle were all Leavers. To many Remainers, that will come as no surprise
Graham Watson's insight:

Sunday. William Keegan. Brexit. 

 

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Scooped by Graham Watson
Scoop.it!

Brexit deal 'will cost UK £100bn' by 2030, research suggests

Brexit deal 'will cost UK £100bn' by 2030, research suggests | Macroeconomics: UK economy, IB Economics | Scoop.it
The economy would shrink 3.9% annually, research commissioned by the People's Vote claims.
Graham Watson's insight:

More good news regarding Brexit - however, be careful, the survey is conducted by the NIESR but on behalf of the People's Vote.

 

However, the conclusion, that the UK is going to be £100bn worse off per year as a result of Brexit isn't encouraging. The problem for me, is that the magnitude of the costs are such that it is easy for the Leavers to dismiss. Additionally, they might also argue that the die is already cast.  

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