Brexit Causes 2% Drop in UK Growth: The Economic Effect of Brexit - TLDR News.

The video discusses the UK's budget announcement and the ongoing economic impacts of Brexit. It examines findings from the Office of Budget Responsibility, highlighting a 2% reduction in the UK's potential output due to Brexit. The report attributes this to lower migration and weaker productivity growth. Business investment has been weaker than expected, with uncertainty prolonged by delayed Brexit timelines. The video also explores projected Brexit savings, which are less than initially promised, and the replacement of EU funding. Overall, the video provides a detailed analysis of Brexit's economic implications.

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