• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Politics

Northern Ireland output mysteriously leaps to 15-year high

It contrasts starkly to figures published by the OBR concerning output elsewhere.

Jack Peat by Jack Peat
2022-07-08 09:03
in Politics
FREIGHT TRADE IRELAND BREXIT

Photo: PA

FacebookTwitterLinkedinEmailWhatsapp

Northern Ireland output is at a 15-year high and just 0.1 per cent below the record output level recorded in the middle of 2007, official figures from Nisra suggest.

The economy continued to grow in the first quarter of 2022, with output up by 7.8 per cent on the same period a year ago.

In mainland UK, conversely, new government analysis has shown that the split with the European Union will cost £100 billion over the long-term in lost output.

The Office for Budget Responsibility says Brexit will have a long-term effect of cutting UK GDP by a hefty 4 per cent, an estimate unchanged since early 2020.

The Financial Times says such a decline amounts to £100 billion in lost output, and £40 bilion less revenue to the Treasury a year.

Funnily, you won’t find any mention of that in this BBC report.

Related: ‘Bye, bye Boris’ song playing in the background of PM’s resignation speech is the finale we all needed

RelatedPosts

Truss comes clean about her ‘dark secret’ during leadership hustings

Liz Truss bashed for dodging BBC interview with Nick Robinson

Supreme Court denies Jeremy Corbyn appeal in libel case

No hosepipe ban at Downing Street, despite Tory calls for rations

Tags: BrexitNorthern Ireland

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Dominic Raab spotted on a beach in Crete as Kabul fell to the Taliban

PMQs – ‘Coalition of cavemen’: Corbyn stand-in Thornberry hits out at Tories for denying 16-year-olds the vote

Jimmy’s Farm Head Butcher Jonny Farrell shares his favourite rare cuts

Mobile-Obsessed Brits Missing Out On Life’s Big Moments

Tory Minister says it’s ‘highly unlikely’ that Williamson’s sportsman mix-up was racist

Lift The Ban petition reveals staggering cost to UK economy of asylum seekers being banned from working

Sales drop at Wetherspoons as PM urges punters to stay away from pubs

Glastonbury Festival issues statement over ‘zero hours’ contract controversy

Thunderball Results LIVE for Wednesday 30 June 2021 Tonight’s winning numbers

Top tips on how the UK’s SME’s can prepare for GDPR

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.