Boris, Farage and Gove re Brexit-“Never have so few done so much damage to so many with so little ability to execute what they lied about.”

Facts? I see that the lead author of the NBER study was quoted in the Guardian a few days ago;

“The statistics are really clear: the UK has grown more slowly after Brexit than before,” Bloom said. “Is it because of Brexit? Probably. You can’t be absolutely certain...

You will find fault with it.

There is so much evidence that points to the damage that Brexit has caused, and almost nothng that say different.

Where are the brexiteers celebrating 10 years of brexit benefits?

More than one economist involved at Bloomberg. Happy for you to link to any other peer reviews.

The number of economists who think the NBER study is flawed is clearly growing

From 1 (Jessop) to 2?

The number of economists who think the NBER study is flawed is clearly growing:

Pro-Brexit economist Julian Jessop;
https://julianhjessop.substack.com/p/what-the-nber-gets-wrong-on-the-economic

And now economists at Bloomberg have questioned the modelling. NB I recall that Bloomberg gave a £250,000 donation to the Remain campaign in 2016 for context;

https://www.politico.eu/blogs/on-media/2016/05/bloomberg-gave-250000-to-remain-campaign/

June 2026

Leaving the European Union has cost the UK 2% to 4% of forgone economic output but almost half can be recovered by improving trade with the bloc, according to analysis by Bloomberg Economics for the 10-year anniversary of the Brexit referendum...

Bloomberg Economics used a variety of models to calculate its central estimate of the cost to date. It found the damage was far smaller than the 6% to 8% of GDP hit set out in a recent and widely read National Bureau of Economic Research paper. [Although I would counter the claim that the NBER research paper was widely read - the headline was widely read].

Using a “doppelganger” model like the NBER to build an alternative growth path assuming the UK had remained in the EU, Bloomberg Economics said the damage would be 9.6%.

However, it said the estimate is misleading because the NBER doppelganger includes Ireland, where growth has averaged 7% a year since the 2016 referendum thanks to its low-tax strategy, and [the doppelganger] is heavily weighted to the US, which unlike the UK “wasn’t hit by an energy shock in 2022, has benefited from significant fiscal stimulus and is seeing the benefits of AI investment.”

Stripping out Ireland reduces the hit to about 6% and adjusting the US growth trajectory to reflect pre-2016 levels of outperformance lowers the impact further to 3.4%. Alternatively, using the World Trade Organization’s Global Trade Model, capturing the impact of higher trade barriers, points to a 2.5% long-term hit, Bloomberg Economics said.

https://www.bloomberg.com/news/articles/2026-06-09/how-the-uk-s-options-for-rebuilding-ties-with-europe-stack-up

Some people outright refuse to look at facts and evidence. They are Fact Resistant.🤷‍♀️

100%. It all started with his ill-conceived idea to shut UKIP up.

I saw Gove on a train recently. I was soooo tempted to give him a piece of my Brexit-hating mind!

Trade frictions with the EU can't help?

They said 6-8%

Maybe that is what a win looks like to you?

Co-author of the study, British professor Nick Bloom from Stanford University

This report is clearly a rehash of the NBER paper. 'Only' 6% now? So have they ditched the 8% claim?

Your link states;

the paper officially has a disclaimer that "the views expressed do not necessarily represent those of the Bank of England".

Yes, how can they strip out the effects of COVID, the whole world shutting down, then the after opening up the dramatic rise in inflation, the war in Ukraine and the dramatic rise in energy prices, yet again causing inflation, more recently the Iran war with fuel and energy prices rising,

Why strip them out ? Unless you aren't very good with data. Much easier to remember that as global occurrences (like rain) they fell equally across all nations.

But frankly people who try to hide Brexit behind "global events" rather seems to forget that one of the warnings of "project fear" was that in the even of a global crisis, it would leave the UK at much more risk.

So trying to say "you can't say Brexit failed because of global events" is really a different way of saying "You know what we were warned about ? Well it happened. Sorry".

Is this another version of 'we had enough of experts'?

How is that going?

How long do we have to wait? 10 years in and counting.

If you leave a very bad marriage, that’s costing you money, what success to you instantly see? Apart from piece of mind and the ability to rebuild your life, you don’t keep harping on about your toxic ex

Yes, how can they strip out the effects of COVID, the whole world shutting down, then the after opening up the dramatic rise in inflation, the war in Ukraine and the dramatic rise in energy prices, yet again causing inflation, more recently the Iran war with fuel and energy prices rising, if we were still in the EU, would the same people say that because we’re in the EU it has caused a slump, but they’re using the same figures to say it has impacted us because we’re not in the EU,
I take anything the Bank of England boss says with a pinch of salt, this is the same person that when in charge of the FCA, missed one of the Uk’s Ponzi scheme that cost investors over £250 Million and had to be bailed out by the taxpayers, His growth forecasts have been widely inaccurate and failed to raise interest rates, which led to the highest inflation levels since the seventies

Yes, many contributions backfired. Obama telling the UK public that they would go to the back of the queue. David Beckham urged the public to vote remain ,,,

You could always share a study showing the success of Brexit.

Bank of England good enough for you?

https://www.bbc.co.uk/news/articles/cvg75npqkq4o?app-referrer=deep-link#:~:text=Continue%20with%20Google-,Brexit%20cost%206%25%20of%20UK%20economy%2C%20Bank,of%20England%20company%20data%20suggests&text=The%20UK%20economy%20has%20taken,the%20referendum%20a%20decade%20ago.

Absolutely. He showed a shameful lack of insight, integrity and leadership.

Do you think the NBER study and their economic methodology is flawed?

Here we go again, Suggest, no actual prove, more so called damage was done by the stock of the result, What shock ? Most people were surprised it was so close,
instead of harping back a decade ago, why not just work with what you’ve got now,

Well the private school system in the uk is certainly churning em out