Sister blog of Physicists of the Caribbean in which I babble about non-astronomy stuff, because everyone needs a hobby

Wednesday, 18 April 2018

The only good Brexit is no Brexit

All forms of Brexit are hugely expensive :



Each of the government’s four Brexit scenarios, including a bespoke deal, would leave Britain poorer and cost the taxpayer hundreds of millions of pounds each week, analysis has shown. The study for the thinktank Global Future by Jonathan Portes, a professor of economics and public policy at King’s College, London, found that a bespoke deal, the government’s preferred option, would have a net negative fiscal impact of about £40bn a year.

 Under the so-called Norway option, there would be £262m less a week, under the Canada model it would be £877m, while under a no deal it would be £1.25bn. This would mean 22% less funding available for the NHS if there was a bespoke deal, and 9%, 31% and 44% less under each of the other options.


https://www.theguardian.com/politics/2018/apr/18/each-brexit-scenario-will-leave-britain-worse-off-study-finds

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