Johnson's own government's analysis have warned that his deal will reduce annual economic growth by 6.7% compared to staying in the EU.
But that would be Prime Minister Theresa May government?Mr Umunna was referencing economic analyses published by the government in November 2018, which modelled the economic outcomes under different Brexit scenarios. But he’s wrong to say GDP and real wages would “drop” according to this analysis and his comparison to the financial crash is misleading.
Or not indeed;
This comparison between Brexit’s impact and the financial crisis is flawedHowever, that aside, it’s incorrect to claim the analysis said that the proposals would lead to a 6.7% drop to GDP, as Mr Umunna said. The analysis said that GDP would be up to 6.7% lower after 15 years than it would have been compared to remaining in the EU. The document said “in all scenarios the economy would be expected to grow.”
edit for indeed.