this post was submitted on 21 Feb 2026
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Leopards Ate My Face

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The economic cost of Brexit has just been laid bare – and it’s devastating (www.thelondoneconomic.com)
submitted 6 days ago by RockBottom@feddit.org to c/leopardsatemyface@lemmy.world
8 comments fedilink hide all child comments
 

Crossposted from https://lemmy.world/post/43398953

cross-posted from: https://feddit.org/post/26040194

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[–] hanrahan@slrpnk.net 2 points 3 days ago (1 children)

Good news !! the anti immigrant, married to an immigrant politician who led the Brexit charge can be the nextPM

[–] Gsus4@mander.xyz 1 points 14 hours ago

Which goes to prove that the pain is not enough yet.

[–] supersquirrel@sopuli.xyz 24 points 6 days ago* (last edited 6 days ago)

One casualty is certainly the UKs space capability.

https://spacenews.com/uk-launcher-orbex-files-for-administration-after-failed-funding-efforts/

Turns out being isolationist is not compatible with going to space, who would have thought?

[–] bleistift2@sopuli.xyz 8 points 6 days ago (3 children)

I’m really not a fan of statements like “UK GDP is now 6–8 per cent smaller than it would have been by 2025.” Given how economy analysts regular just throw darts to guess, I mean ‘predict’, economic growth, this means nothing.

[–] sunbeam60@feddit.uk 9 points 6 days ago (1 children)

The method they’ve used is pretty sound, though.

Are you saying the impact is unquantifiable?

[–] bleistift2@sopuli.xyz 1 points 6 days ago

I’m saying economic development is contributed to by so many factors that even 12-month predictions are often off by a few percent points. That, to me, makes 10-year predictions while assuming different circumstances completely untrustworthy.

[–] testaccount372920@piefed.zip 4 points 6 days ago

I'm not fully convinced by the article either, especially the GDP figure they show. A decline in investments and employment is pretty bad though, although they don't compare those numbers to other countries :/

[–] acockworkorange@mander.xyz -1 points 6 days ago

Economy is more religion than science, I agree. Also the GDP is a terrible indicator for how well a society is doing.