Press

Brexit has led to a shortfall of 330,000 people in the UK labour force, mostly in the low-skilled economy, a report by leading researchers has found.The departure from the EU in 2020 led to an increase in immigration from non-EU countries, but not enough to compensate for the loss of workers from neighbouring countries, according to the joint findings of the thinktanks Centre for European Reform (CER) and UK in a Changing Europe.

He [Sadiq Khan] also referred to a Centre for European Reform estimate that the cost to the Treasury in lost tax revenues due to Brexit is £40bn. “So, repairing our relationship with Europe would mean we can better support the NHS,” he said.

“It’s astonishing that the Europeans have kept together so far,” said Charles Grant, director of the Centre for European Reform. “But the worry is that given stagflation, high energy prices, migration and deficits, populists might exploit divisions and push Ukraine to make an early peace. As the war goes on, divisions in these two camps will get worse.”

Failures at HM Revenue and Customs mean £42 billion in taxes have not been collected and people are being let down by poor customer service. What that could pay for? The annual tax shortfall caused by Brexit (Centre for European Reform).

Entre le deuxième trimestre 2016, date du référendum, et celui de 2022, le Royaume-Uni a connu une croissance inférieure de 5,5 % à celle d’un groupe d’une quarantaine de pays comparables qui connaissaient, les années précédentes, une croissance similaire, selon les calculs du Centre for European Reform, un groupe de réflexion. Le volume du commerce extérieur britannique a également augmenté de 7 % de moins que ce groupe. Et les investissements sont de 11 % inférieurs.

However, for Zach Meyers, a senior research fellow at the Centre for European Reform, privacy might be a big stumbling block for the initiative. “Users probably understand tracking from online players like Google because they aren’t paying for those services directly. That is quite different to being tracked for a service users are already paying for,” Meyers said.

John Springford, at the Centre for European Reform, who tracks the impact of Brexit on the economy, calculates that tax revenues for the year to the end of June 2022 were £40 billion lower — this as Britain is hit by a wave of public worker strikes, with the government maintaining it does not have enough cash to meet their demands.

Het Centre for European Reform (CER), een Britse denktank, houdt al jaren bij hoe de prestaties van de Britse economie zich verhouden tot wat verwacht zou mogen worden als het VK bij de EU was gebleven. Daarvoor werden de prestaties van 22 andere landen in een computermodel gestopt om een 'dubbelganger' van het VK te maken, die zich voor de brexit vrijwel identiek gedroeg als het echte VK.

John Springford of the CER, tries to isolate the effect of Brexit by constructing a phantom country that tracked Britain’s performance before 2016’s referendum result. By using an algorithm to pick from a set of 22 countries rather than just selecting, say, a few economies of a similar size, he builds a plausible description of Britain’s path had it not voted to leave the eu (see chart 1). He estimates that by the second quarter of 2022, Brexit had hit gdp by as much as 6% relative to this counterfactual. Using the same method, he reckons that Brexit dragged down investment by 11%.