OECD Report: Brexit Reversal Would Be ‘Positive’ for UK Economy

OECD Report: Brexit Reversal Would Be ‘Positive’ for UK Economy
British Finance Minister Philip Hammond shakes hands with the Secretary-General of the OECD Angel Gurría, during an OECD press conference at the Treasury in London, England, on Oct. 17, 2017. Matt Dunham - WPA Pool/Getty Images
Simon Veazey
Simon Veazey
Freelance Reporter
|Updated:

The UK got a controversial financial report card on Monday from an organisation that represents many of the world’s richest countries. Between praise of the country’s employment rate, concerns about productivity, and analysis of the impact of devalued currency, it was dominated by two words: “Brexit” and “uncertainty.”

Buried in the biennial report was a note which suggested that were the British government to reverse Brexit, “the positive impact on growth would be significant,” prompting the Treasury to reiterate that a second referendum was not on the cards.
Simon Veazey
Simon Veazey
Freelance Reporter
Simon Veazey is a UK-based journalist who has reported for The Epoch Times since 2006 on various beats, from in-depth coverage of British and European politics to web-based writing on breaking news.
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