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The Independent UK
The Independent UK
Millie Cooke

Brexit had bigger impact on UK economy than critics predicted, Rachel Reeves says

Brexit had an even bigger impact on Britain’s economy than critics predicted, Rachel Reeves has said, as ministers have become increasingly bold in blaming the dire state of the nation’s finances on the decision to leave the European Union.

It comes with just over a month to go until the Budget, where the chancellor is expected to announce a swathe of tax rises to fill a financial black hole of up to £50bn and pin a portion of the blame on Nigel Farage and Brexit.

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