After threatening to pay nothing to the EU, then conceding €20bn, the government has finally indicated it will pay a Brexit ‘divorce bill’ of €40-50bn. The initial reaction from Eurosceptics has been rather muted, writes Iain Begg. But if the European Council does not allow exit negotiations to move to the next stage, we can expect a serious backlash – […]
All of a sudden Britain has become the slowest growing of the major western economies, and there are increasing concerns about its medium-term outlook. Iain Begg writes that with both government and opposition fixated on what kind of Brexit to favour, there is a growing risk that fundamental and necessary measures to underpin the economy will be neglected.
Until well after the […]
Theresa May has stated that the UK will trigger Article 50 before the end of March 2017. Iain Begg writes that while her speech gave some indication of timing, there is still no concrete statement on what kind of relationship the UK would actually like to negotiate with the EU. In the absence of this level of clarity he […]
Two recent assessments of the economics of Brexit, from the Treasury and a new group calling itself Economists for Brexit, come to diametrically opposed conclusions, writes Iain Begg. They add to an array of claims and counter-claims, many of which come up with apparently firm predictions, but have subtle differences that make direct comparisons difficult. Voters are entitled to be […]
Both sides of the EU referendum debate are deploying statistics to back their arguments. Citing recent examples from Vote Leave, the Sunday Times and the Centre for Economics and Business Research, Iain Begg warns that these figures can make misleading assumptions or even be downright inaccurate.
In war, according to the ancient Greek dramatist Aeschylus, truth is the first casualty. Plainly, he […]
The UK’s EU referendum is likely to be heavily influenced by the extent to which David Cameron is successful in his attempt to renegotiate the country’s terms of membership. Iain Begg writes that while Cameron’s intention appears to be to gain enough from a renegotiation to win the referendum, he faces a difficult balancing act in keeping other EU […]
The UK has been asked to pay an extra £1.7 billion to the EU budget by 1 December following a reassessment of the size of the British economy. Iain Beggwrites that while the issue has generated an extremely hostile reaction from David Cameron, the data correction process used to arrive at the figure is well-known to the UK authorities […]