- Brexit will blow a £59 billion black hole in public finances.
- At the time that there would be a cumulative £122 billion of extra borrowing over the next five years (or £469 per week), £59 billion of which will occur as a direct result of the vote to leave the EU.
- Hammond told the House of Commons: [Brexit] makes more urgent than ever the need to tackle our economy’s long-term weaknesses, like the productivity gap, the housing challenge, and the damaging imbalance in economic growth and prosperity across our country.
- The cost of Brexit is £122bn over next 5 years. So where's the mythical £350m per week (£18.2 billion per year) for the NHS (National Health Service) coming from?
An ardent observer, analyst and critic of politics and current happenings. Truly believes in human equality, poor and peasants have first right on resources, and rule of law essential in a democracy. Here are my reflections and collections. Follow me on Twitter @nharshakumar
Saturday, 1 April 2017
Brexit means ... £59 billion more debt to UK
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