Resolution Foundation research: Denial is not an effective policy

Responding to the Resolution Foundation’s research which says that Brexit has damaged Britain’s competitiveness and will make us poorer in the decade ahead, Hilary Benn MP, Co-convenor of the UK Trade and Business Commission, said:

“The Government’s Brexit deal is making businesses and consumers poorer at a time when people up and down the country are struggling to make ends meet. This research makes clear that these are not just teething problems but actually a long-term economic problem that will continue unless something is done about it.

“There’s only so long that the Government can hide from these warnings. Denial is not an effective policy. Ministers must now review their Brexit deal, reopen conversations with the EU and set out the steps they intend to take to make the UK more competitive.”