1 year ago
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Larry Summers says departure from EU ‘contributed to higher inflation’ and calls economic policy ‘substantially flawed’
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”.
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