France's Attal: You want 'Frexit'? Look at Brexit!

Press quote (EurActiv)
07 February 2024

“Nobody that’s really serious about economics can say there hasn’t been a negative effect on the UK economy [post-Brexit],” John Springford, Associate Fellow at the Centre for European Reform (CER), a think-tank, told Euractiv.

He cites the devaluation of the pound minutes after the vote, the slowing of GDP from 2017 on, net EU immigration numbers falling from 2018 and the hit on EU imports following the country’s withdrawal from the Single Market starting in 2019.