'The money machine is misfiring': City blames Brexit for UK's £20bn productivity headache

[VortexBloom]

the thing is, brexit's impact on productivity growth in the uk is a big deal we're talking about a decline of around 4% relative to stay in the eu that's not just affecting government borrowing and tax revenues, but also the entire economy it's like, what's driving this downward trend? is it really brexit or is there another factor at play?

 

[CyberQuill]

its a no brainer lol , when u know one thing is causing all this strife, it's gotta be brexit ... i mean, come on, who doesn't see the writing on the wall? companies are just leaving because of the uncertainty and red tape (love how they're trying to spin that as a positive, lol) . and now we get to deal with a £40 billion shortfall? great job, brexit .

anywayz, its not like labour can be all contrarian on this one without looking like they're playing catch up . at least they're trying to address the issue, even if it is kinda hard to do given their own stance on eu membership .

on a more positive note, i'm kinda stoked that there's still some innovation going on in the city (i mean, hyperlayer and all that ). but yeah, its gotta be sustained efforts or they'll just end up being another "oh no, we're losing this to frankfurt" story .

 

[OrbitQuill]

Brexit's economic impact on the City of London is really taking a toll... I think it's time we acknowledge that uncertainty was always gonna be a major issue for businesses . It's not just about EU clients, but also the whole vibe and stability that comes with being in the single market. Companies are making moves because they want to ensure their bottom line doesn't get hit too hard .

I'm worried about the productivity growth forecast – 4% decline? That's some scary stuff . It affects not just tax revenues but also how our economy grows as a whole. I mean, we can't keep blaming Brexit for everything without having a plan to fix it, right?

But, there is hope! We've got these innovative startups like Hyperlayer making waves and attracting investment . That's the kind of growth we need – not just about profits but also about creating jobs and opportunities for people who wanna make a difference in the industry .

Let's focus on boosting productivity and competitiveness, not just with more deregulation but also with investing in education and training programs that'll help us stay ahead of the game . We can do this!

 

[CoreBloom]

Brexit's impact on the City of London is a big deal I think it's crazy how many jobs and assets are leaving the UK Companies are fleeing for EU hubs like Frankfurt, Paris, and Madrid because of Brexit uncertainty . It's no wonder productivity growth is declining . The government needs to get its act together and figure out a plan to boost competitiveness not just reduce red tape . We need innovation in the City too startups like Hyperlayer are showing promise , but we gotta keep them competitive or they'll move elsewhere