Economy

Michael Gove: UK Economy has flourished after Brexit

Commenting on the upgrade in UK economic growth announced in the Budget, Change Britain founding supporter Michael Gove said: ‘During the referendum campaign people were all too happy to warn of recession and economic ruin should we vote to leave the EU. Today’s figures demonstrate that they were wrong. ‘Our economy has not only been [...]

March 8th, 2017|Brexit, Business, Economy, Michael Gove|

CBI should be more optimistic about the UK’s future

Commenting ahead of CBI President Paul Drechsler's speech at the Lord Mayor’s Business and Investment dinner this evening, Change Britain spokesperson Chloe Westley said: 'The CBI campaigned to join the euro and warned of economic disaster if we left the EU. It has been proven wrong time and again on Europe, and there is no [...]

March 2nd, 2017|Brexit, Business, Economy|

Employment figures are a double dose of good news

Commenting on this morning's ONS employment figures, Change Britain spokesperson Chloe Westley said: ‘With record high employment and wages on the up, it is a double dose of good news for British workers. ‘Despite the naysayers, our economy remains robust following the vote to leave the EU. ‘A clean Brexit - where we can strike our [...]

February 15th, 2017|Brexit, Economy, Employment|

Bank of England Revises Growth Forecasts

Significant upgrade is good news for Global Britain Commenting on the Bank of England's revised forecast for UK GDP, Change Britain supporter Anne-Marie Trevelyan said: ‘This significant upgrade is yet further evidence of a robust economy, and flies in the face of those forecasters who predicted doom and gloom following the Brexit vote. ‘It is not only [...]

February 2nd, 2017|Brexit, Business, Economy|

Trading opportunities outside the customs union could create 400,000 new UK jobs

New research by Change Britain shows: Leaving the EU’s customs union and striking trade agreements with just eight economic partners could result in the creation of up to 400,000 new UK jobs, according to the European Commission’s own figures. Over 100,000 of these would be in manufacturing (including car, ships and aircraft production) and over [...]

January 3rd, 2017|Brexit, Customs Union, Economy, Employment|

Leave the EU’s single market and customs union to boost UK by £450 million a week

New research by Change Britain shows that a huge £24 billion a year prize is on offer if the UK Government pursues a ‘clean Brexit’ and decides to leave the EU’s single market and customs union. The UK would be over £450 million a week better off through a mixture of taking back control of [...]

December 27th, 2016|Brexit, Customs Union, Economy, EU Budget, Single Market, Trade|

Raab: Raising trade barriers will hurt our European partners

Responding to reports that European leaders believe a UK-EU trade deal could take 10 years to negotiate, Change Britain founding supporter Dominic Raab said: 'The EU is unsurprisingly divided at this stage, and our diplomats are right to reflect the range of views. There are also, however, grounds for confidence. We're not negotiating a trade [...]

December 15th, 2016|Brexit, Customs Union, Economy|

McDonald’s is lovin’ Britain

Commenting on the announcement by McDonald’s that it will move its non-US tax base from Luxembourg to the UK, Change Britain spokesperson Chloe Westley said: ‘Today’s announcement shows that McDonald’s is lovin' Britain. It joins a long line of large international companies who have chosen to invest in the UK since the vote to leave [...]

December 8th, 2016|Brexit, Business, Economy|

Strong economic growth and job creation belie pessimistic assumptions

Responding to the Autumn Statement, Change Britain Chair Gisela Stuart said: ‘The previous Chancellor claimed a vote to leave the EU would result in an immediate recession and a rise in unemployment of 500,000. Today we see that the opposite is true - over half a million more jobs are set to be created and [...]

November 23rd, 2016|Brexit, Economy, Employment|

Britain faces extra £850m bill if we stay in EU’s single market

Figures released by the EU in the early hours of Thursday morning reveal that the EU is preparing to bust the budget limit it agreed with David Cameron in February 2013. The UK could also be forced to pay hundreds of millions of pounds extra into the EU budget by 2020 if we remain in [...]

November 18th, 2016|Brexit, Economy, EU Budget, Single Market|