Those Project Fear Predictions in Full

brexit-recession

Those Project Fear predictions in full:

David Cameron: “The job you do, the home you live in are at risk. The shock to our economy after leaving Europe would tip the country into recession.”

George Osborne: “A vote to leave would tip our economy into year-long recession with at least 500,000 UK jobs lost”

Treasury: “UK economy would fall into recession”, predicted 2016 Q3 growth between -0.1% and -1%

IMF: “Brexit would trigger recession”, predicted -0.3% GDP for Q3

Bank of England: Mark Carney said “It would be likely to have a negative impact in the short term… I certainly think that would increase the risk of recession.”

OECD: Short term impact of -1.25% GDP

Today’s GDP figures are +0.5%.

Also worth dealing with the Remainers who are countering this by whining that “we haven’t left the EU yet”. The predictions above were for the aftermath of a vote to leave, not Brexit itself.

Meanwhile Nissan have this morning confirmed it will build its new car in Sunderland. More good economic news “despite Brexit”…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Ray Bassett, former Irish ambassador…

“Ireland needs to position itself as the leader of the countries wanting as soft a Brexit as possible.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

Milo 12 Things Milo 12 Things
Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release Shami & Blunkett Campaigned for ISIS Suicide Bomber’s Release
Amazing Robot Warehouses Amazing Robot Warehouses
Sunday Shows Sunday Shows
No 10 Mulls Migrant Cut Off Date No 10 Mulls Migrant Cut Off Date
Bring on the Robots Bring on the Robots
BBC Sources Revealed BBC Sources Revealed
Named: 33 MPs Voted for Second Referendum Named: 33 MPs Voted for Second Referendum
Gallery Guido’s PMQs Sketch Gallery Guido’s PMQs Sketch
FOXY “SPANK ME” FOXY “SPANK ME”
Cameron: “I’ll Be Back” Cameron: “I’ll Be Back”
Standard Editor Runners & Riders Standard Editor Runners & Riders
Gove: Where Were You? Gove: Where Were You?
Article 50 Debate: Live Spreadsheet of MPs Voting Against Article 50 Debate: Live Spreadsheet of MPs Voting Against
May’s Speech to Republicans Full Text May’s Speech to Republicans Full Text
Article 50: Tulip Siddiq Resigns Article 50: Tulip Siddiq Resigns
Article 50: Clive Lewis Bottles It Article 50: Clive Lewis Bottles It
UK Economy Defying Predictions Again UK Economy Defying Predictions Again
FULL-LENGTH TRUMP INAUGURATION SPEECH FULL-LENGTH TRUMP INAUGURATION SPEECH