In the media | 14 Nov 2022

Bloomberg: Brexit ‘Permanently Damaged’ UK Economy

UK banking

Michael Saunders, Senior Economic Advisor at Oxford Economics, joins Lizzy Burden at Bloomberg to discuss the UK economy and the implications of Brexit.

Watch the full interview below:

To download our latest reports for Europe, please check Resource Hub – Oxford Economics.

You may be interested in



The enduring appeal of US Treasuries to Japan’s investors

Some market participants are raising concerns over a fall in demand for US Treasuries from Japanese investors amid higher domestic yields. But we think that there will continue to be a large and stable investor base in Japan for US Treasuries due to the still-large yield gap. Also, uncertainty over the Bank of Japan's monetary policy is dissuading investors from increasing their holdings of Japanese government bonds.

Find Out More


China-India – Expanding the middle classes

Indian consumers' spending power is far behind that of their Chinese counterparts, and we are sceptical about the pace of catch-up. Even if the Indian economy achieves the ambitious growth targets set, there are few signs that record levels of income inequality will reverse soon.

Find Out More


The China electric vehicle boom promises much

China's production of electric vehicles is booming, accounting for nearly 70% of global EV sales in 2023 with 9.5 million vehicles produced. If the success of Japan's auto industry in the last century is any guide, the rise of China's EV sector promises to lift productivity and sustain the growth momentum of manufacturing for years.

Find Out More