The OBR’s analysis of the economic consequences of Brexit is devastating – both to the British economy, and to the credibility of the Brexiteers who argued the other case. They explicitly blame Brexit for a £58billion increase in borrowing over the next few years. Growth and business investment will fall, unemployment and inflation will rise. I know we are not supposed to trust experts anymore, but given that prices are already rising, these forecasts seem legitimate.
Article source: http://www.huffingtonpost.co.uk/chuka-umunna/brexit-autumn-statement_b_13198968.html?utm_hp_ref=uk-politics&ir=UK+Politics