"Rachel Reeves' decision to pin the blame for the UK's ailing economy on Brexit a month before a difficult and potentially unpopular budget might be considered high-risk given the lingering divisions and bitterness over the UK's decision to leave the EU. But, according to political analysts, she is aiming to appeal to voters who opted to leave but have changed their minds on this issue, young people who have joined the electorate in the nine years since the referendum,"
"In a speech on Tuesday, the chancellor said Brexit had caused more damage to the UK economy than official forecasters had previously outlined. Costs, she said, had been needlessly added to businesses since the UK formally exited in 2021. Supporters of Brexit swiftly accused Reeves of attempting to shift the blame for the dire state of Britain's economy ahead of November's anticipated tax-raising budget. Some said she was hunting for scapegoats."
Chancellor Rachel Reeves attributed greater damage to the UK economy to Brexit than official forecasters had outlined, and argued that Brexit added needless costs to businesses since 2021. The timing comes a month before a difficult, potentially unpopular budget and targets voters who previously voted Leave but now oppose Brexit, young voters who entered the electorate since the referendum, and Remainers demanding accountability. Brexit supporters accused Reeves of seeking scapegoats and of shifting blame ahead of an anticipated November tax-raising budget. Multiple polls show increasing opposition to Brexit, with majorities labeling it the wrong decision and citing economic harm as the top reason.
Read at www.theguardian.com
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