#DespiteBrexit Double Whammy

Barely a week into 2018 the #DespiteBrexit crowd are already being confounded by strong economic indicators. First news from the ONS that hourly labour productivity showed its biggest increase since 2011, up 0.9% in the third quarter of 2017. Remember that the next time a remainer lectures you on Brexit and the productivity crisis…

Meanwhile, London is enjoying a post-Brexit tech boom after venture capital investment in the sector reached an enormous all-time high. London is beating its closest European rival, Paris, hands down: London tech firms on average receive four times as much investment cash as French companies. Total tech investment in London now stands at £2.9 billion, beating every other European city. That’s almost double the previous year…

Turns out yet another aspect of remain scaremongering was entirely wrong. Happy New Year!




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Former Governor of the Bank of England Mervyn King…

“There are arguments for remaining in the EU and there are arguments for leaving the EU. But there is no case whatever for giving up the benefits of remaining without obtaining the benefits of leaving.”

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