Financial TimesFinancial Times

The deafening silence over Brexit’s economic fallout

By Chris Giles, George Parker

20 Jun 2022 · 9 min read

Editor's Note

Falling Pound sterling, a steep decline in trading relationships, rising food prices ad discouraging business investments are just some of the effects of Brexit.

As he battled to save his job this month, Boris Johnson warned his MPs not get into “some hellish, Groundhog Day debate about the merits of belonging to the single market”. Brexit, he warned his mutinous party in a sweaty House of Commons meeting room, was settled.

Later that day, Johnson limped to victory in a confidence vote, but only after 41 per cent of his MPs had voted to oust him from Downing Street. He is safe for now but the defining project of his premiership — Brexit — still hangs like a cloud over Britain’s fragile economy.

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