this post was submitted on 19 Feb 2026
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[–] ObscureOtter@piefed.ca 62 points 1 day ago (1 children)

For a decade, Brexit’s defenders have insisted the warnings were exaggerated and the pain temporary. The latest evidence shows the opposite. Brexit hasn’t been a one-off hit followed by recovery – it has quietly, relentlessly drained the UK economy year after year.

The headline numbers are brutal. UK GDP is now 6–8 per cent smaller than it would have been by 2025 – worse than forecast, not better. That is a permanent loss of national income, not a blip.

Investment has collapsed. UK business investment is 18 per cent lower than in comparable economies, as firms put money on hold or moved it elsewhere. Employment and productivity are both around 4 per cent lower, locking in weaker wage growth and lower living standards.

[–] Diplomjodler3@lemmy.world 48 points 1 day ago (1 children)

And as a consequence, people will elect Reform at the next general election.

[–] Th4tGuyII@fedia.io 38 points 1 day ago (1 children)

Yup. Cause if policy born of nationalism and bigotry couldn't solve our problems the first time around, surely we just weren't using enough of it. /s

It's easier to blame immigrants and people on benefits for the problems in the economy, than realise the real problem is the leaches at the top sucking away every spare penny the working class makes.

The landlords, the executives, the millionaires, the billionaires - where do people think their money comes from?

Everything costs more, but not because it actually costs more to make - but because the profits must always go up to fuel the hoards of the wealthy.