The 12 Lies of Brexit - 3. The UK economy is performing strongly

December 5, 2019 9:57 AM
Originally published by Spelthorne Liberal Democrats

Stop Brexit

We're unwrapping the twelve biggest lies of Brexit!

Third up, this creative take on the UK's economy.

We've actually taken a £70 billion hit 👇https://www.libdems.org.uk/12-lies-of-brexit

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"The UK economy is performing strongly," said Kwasi Kwarteng, Conservative Business Minister, "much more strongly than [the] doom-mongers and naysayers have suggested."

Unfortunately, Mr Kwarteng was quite telling the truth. Brexit has already caused a vast amount of damage to the UK economy.

The Centre for European Reform have said that Brexit has cost the UK economy £70 billion. That's the equivalent of £840 for every house hold each year.

Our economy is 2.9% smaller than it would have been if we'd remained in the European Union.

And we haven't even left yet. If Brexit goes ahead, there are varying predictions of how bad it will be, based around the way in which we leave. But it will be bad.

Brexit has already been an appalling waste of money that we could have invested to make Britain a better place.

Whilst the Tories and Labour are preoccupied with ideological fantasies, the Liberal Democrats produced the only manifesto that the IFS called 'credible'.

The Liberal Democrats would stop Brexit, and invest the £50 billion Remain Bonus in public services.