Brexit: the trillion pound ‘mistake’
The recent NBER report suggests the Treasury’s 2016 analysis – slammed by Brexiters as a ‘hoax’– actually understated the impact of Brexit
yorkshirebylines.co.uk/opinion/brex...
@jammysaint.bsky.social
Retired director of www.sarunds.co.uk - chocolate importers, distributors and gift designers. #SaintsFc st holder since 1989. Keen walker.
Brexit: the trillion pound ‘mistake’
The recent NBER report suggests the Treasury’s 2016 analysis – slammed by Brexiters as a ‘hoax’– actually understated the impact of Brexit
yorkshirebylines.co.uk/opinion/brex...
Just because it's reached the 100,000 threshold, doesn't mean anything will happen.
So keep signing and sharing, because we need to show MPs that there's a huge demand.
petition.parliament.uk/petitions/74...
the price of populism
25.11.2025 19:43 — 👍 1240 🔁 386 💬 44 📌 11I’m a past winner of the Orwell Prize & won partly because I exposed Vote Leave’s unlawful activities.
Michael Gove was its co-convener & refused to answer a single q. He’s now a judge of the prize & our world is truly one that Orwell would recognise
bylinetimes.com/2025/11/25/m...
My attendance record in the European Parliament was the 4th worst out of 751 MEPs, yet I managed to turn up to vote AGAINST plans to tackle Russian misinformation.
Thankfully this is of no interest to the media.
⬇️ Brexit has cost the country between 6% and 8% of GDP per person over the last decade, a hit of £180 billion ($235 billion) to £240 billion.
https://www.bloomberg.com/news/articles/2025-11-21/brexit-hit-to-uk-economy-double-official-estimate-study-finds
🚨 SCOOP: Toyota and Aston Martin secretly lobbied a Conservative cabinet minister to weaken Britain’s climate policy.
We only know this because Democracy for Sale won a two-year legal fight to force the government to hand over the documents.
democracyforsale.substack.com/p/victory-we...
Yes, that looks more like #SaintsFc! Still think the second half will be stressful. Our propensity to self destruct is legendary.
22.11.2025 13:25 — 👍 4 🔁 0 💬 0 📌 0Nicholas Bloom, Philip Bunn, Paul Mizen, Pawel Smietanka, and Gregory Thwaites NBER Working Paper No. 34459 November 2025 JEL No. EO ABSTRACT This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016. Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey. These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time. We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%. These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process. Comparing these with contemporary forecasts - providing a rare macro example to complement the burgeoning micro-literature of social science predictions - shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade. Nicholas Bloom Stanford University Department of Economics and NBER nbloom@stanford.edu Philip Bunn Bank of England Philip.Bunn@bankofengland.co.uk Paul Mizen King's College London Department of Economics Paul.Mizen@kcl.ac.uk Pawel Smietanka Deutsche Bundesbank Research Centre pawel.smietanka@bundesbank.de Gregory Thwaites University of Nottingham Department of Economics gregorythwaites@gmail.com
‘Using almost a decade of data since the referendum…
estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8% with the impact accumulating gradually over time.’
Farage, the Tories, and Putin did this.
Yet the media want people to be angry at Labour for not breaking their manifesto.
Try and ignore it all you like, #Brexit is making us all poorer. The elephant in the room.
10.11.2025 09:42 — 👍 1 🔁 0 💬 0 📌 0Subbing Jay and Armstrong was crazy when the alternative is the useless Downs. Ball just kept coming back at us when we offered no threat up front. Lucky to get away with it tonight!
05.11.2025 22:16 — 👍 2 🔁 0 💬 0 📌 0Has #JessPhillips let down #groominggang survivors? #KeirStarmer has "confidence in her." Show what you think by voting her up or down the MP League.
MP League® is the only empirical way to show what you think of any MP any time.
mpleague.co.uk/mp/jess-phil...
Pretty poor defending from Wood, who has been good lately.
21.10.2025 20:03 — 👍 1 🔁 0 💬 0 📌 0 C4News, "All these alleged crimes took place when the Conservatives were in government, didn't you drop the ball here?"
Chris Philp, "I'm pretty clear China was a threat"
But didn't do anything about it eh? 🤷♂️
Refuk party's former leader in Wales - Nathan Gill - has pleaded guilty to eight counts of bribery relating to pro-Russia statements he made in the European Parliament, as well as newspaper opinion pieces. How many Kremlin r🐀ts are in Refuk? Is Farage one of them? #ukpolitics
07.10.2025 18:09 — 👍 101 🔁 59 💬 12 📌 4Tawny owl
Six weeks ago, I picked up a year-old tawny owl with a broken leg off the main road near our home and dropped him off at our nearest vet.
After a few days, I received one of the most bizarre phone calls I’ve ever had, asking “So when are you coming to pick up your owl?” 🧵
🚨 Refuk’s “common sense” revolution in Kent’s gone tits up. They found sod all in savings & now plan to raise taxes. Their “model council” is a Poundland farce run by blokes who think Excel’s witchcraft. Deform UK proving again they couldn’t run a lemonade stand, let alone a county.
06.10.2025 09:24 — 👍 154 🔁 58 💬 14 📌 0Byline Times has spoken to several people familiar with Farage and Gill when they were both MEPs in this crucial period. Insiders describe the two of them as "thick as thieves" 5/12
bylinetimes.com/2025/10/04/t...
🔴NEW🔴
Thread 🧵
@bylinetimes.bsky.social can now reveal that, during the crucial period when convicted Reform leader Nathan Gill was most active, working directly with Russian President Vladimir Putin’s most senior ally in Ukraine, he was also one of Nigel Farage’s closest confidantes 1/12
Too right. I always thought he was underrated for his strength holding up the ball and bringing others,like both Armstrongs, in to play.
04.10.2025 22:31 — 👍 0 🔁 0 💬 0 📌 0The truth: Russia’s fingerprints are all over Brexit and Reform UK.
Farage’s spin machine keeps selling “sovereignty”… while his top lieutenants were literally on Moscow’s payroll.
But only the NYT is telling the full story.
Why is 🇬🇧 press so quiet on this?
archive.ph/2025.09.26-1...
Yes, it’s going to take awhile to turn it around, especially with so many new players that have hardly trained together yet.
14.09.2025 19:36 — 👍 2 🔁 0 💬 0 📌 0NOTHING will prepare you for this 45-second story arc. From "I'm just doing this because I love the flag, it's totally grassroots, and I'm not part of anything political"... to who actually gave him the flags the night before.
Anyone who believes it is an innocent movement needs to see this.
A reminder that the idiots are standing for NT again, so time to vote again. secure.cesvotes.com/V3-3-0/nt25/...
09.09.2025 17:16 — 👍 11 🔁 11 💬 3 📌 1There is a petition demanding that Farage publish his personal tax return. It is now at 31,000. Spread this far and wide. As someone that is running to be PM his finances should be 100% transparent or resign. What has he got to hide? Just asking questions.
chng.it/mqDFh4yMwQ
Led By Donkeys have got Fartrage's number.
05.09.2025 17:05 — 👍 1348 🔁 903 💬 58 📌 157🚨 Nigel Farage is in Birmingham today, where he'll be talking about Reform's plans to try to send torture survivors into the arms of their torturers.
So here's a new billboard to show who has come out to back his new plan.
📍near Reform’s party conference, Birmingham
More BBC licence payer funded PR for Farage & Reform promoting them as the next Govt..
But no headline reports on how Farage was eviscerated, called a ‘Putin-loving free speech impostor’ & ‘Trump sycophant’ by the brilliant Democrat Jamie Raskin
Why’s a US Senator have to do the job of our press❓
Rayner resigned.
Your move Farage.