InfoAfrik.com

Reliable Africa & Global News…

Brexit will be known as ‘historic economic error’, says former US treasury secretary

Larry Summers says departure from EU ‘contributed to higher inflation’ and calls economic policy ‘substantially flawed’

UK politics live – latest updates

Brexit will be remembered as a “historic economic error”, which damaged the UK economy and has helped to drive inflation higher, according to the former US treasury secretary Larry Summers.

Singling out Britain’s departure from the EU as a factor for higher costs, Summers also criticised the UK’s economic policy as “substantially flawed for some years”.

Continue reading…

About Author

Subscribe To Our Newsletter