Treasury economic modelling is flawed say economists from the Centre for Business Research (CBR)

5 Mar 2018 10:54 AM

New research from the Centre for Business Research (CBR) at the University of Cambridge Judge Business School questions the accuracy of measurements of the impact of Brexit on the UK economy undertaken by the Treasury and by other official and academic bodies, during and after the Referendum.

The new paper, “How the economics profession got it wrong on Brexit”, predicts that the decision to take the UK out of the European Union will only have a small negative impact on economic growth over the coming years, and is likely to have a minor impact on living standards. These conclusions contrast with the large negative impacts predicted by others and particularly by the Treasury.

For full details & copy of report see its website