Thursday, September 23News For London

Tag: CBI

CBI and PwC release Brexit report, divide opinion

Business, DontUse, EU referendum, Opinion, Politics
The In camp for the EU referendum have seized upon a new report by CBI and PwC, but pro-Brexiters have responded to it in a different light. Produced as a joint-effort by the two firms, the report hints that as many as 950,000 potential future jobs might be lost by 2020, as a consequence of a Brexit. The report also claims a Brexit could serve as a blow to economic growth over the next four years, with as much as £100bn worth of potential output being lost by 2020. The forecasts indicate growth will pick up in the ensuing years, but the report's findings are significant, as they serve as an admission that a Brexit might depress the economy somewhat. Speaking to Westminster World, David Blanchflower, an ex-member of