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Economic Calendar:
UK Budget encourages more saving with higher ISA Allowance

26 March 2016

The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer skilled immigrants and reduced trade. A recession will likely impede Britons' ability to save, making the latest ISA allowance increase obsolete for a large swathe of the British population.

This article was published online by Economic Calendar on March 26, 2016
Link to article here

Related publications
Life after Brexit : What are the UK's options outside the European Union?, Swati Dhingra and Thomas Sampson, CEP Brexit Analysis No.2, March 2016
The consequences of Brexit for UK trade and living standards, Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen, CEP Brexit Analysis No.01, March 2016

Related links
Swati Dhingra webpage
Hanwei Huang webpage
Gianmarco Ottaviano webpage
Thomas Sampson webpage
John Van Reenen webpage
Trade Programme webpage
Growth Programme webpage

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