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Liz Webster@LizWebsterSBF Ā· Nov 27, 2025

THIS IS *GARGANTUAN* šŸ’„ One of the Chief Priests of Economists for Brexit has now publicly admitted: 🟄 Brexit made…

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Summary

A prominent economist and Brexit architect has publicly admitted that Brexit has significantly damaged the British economy, causing lower GDP growth, collapsed business investment, and weakened productivity, while delivering no meaningful benefits—contradicting claims from remaining Brexit advocates like Farage. This marks a major shift as the intellectual foundations of Brexit support crack and high-profile figures acknowledge the economic costs are real and measurable.

Summarized by ThreadOut AI from the full thread. May miss nuance — read the thread below.

  1. #1

    THIS IS *GARGANTUAN* šŸ’„ One of the Chief Priests of Economists for Brexit has now publicly admitted: 🟄 Brexit made Britain poorer 🟄 Business investment collapsed 🟄 Productivity weakened 🟄 EU-facing firms cut jobs & spending 🟄 New trade barriers drag the economy down 🟄 Brexit deepened the fiscal crisis 🟄 There are no meaningful upsides 🟄 The damage is undeniable in the data This is the economic equivalent of a senior Vatican priest admitting the Pope is wrong about God. Even the architects of Brexit are confessing the truth šŸ‘‰while Farage still lies. 🧵 full article next tweet

  2. #2

    ⭐ The pro-Brexit intellectual class is breaking ranks He writes: ā€œWe Brexiteers must acknowledge the costs.ā€ This is the first mass-market admission of guilt from one of the architects of the economic case for Leave. This instantly: •legitimises criticism of Brexit on the Right •destroys the ā€œit’s too soon to tellā€ excuse •undermines the ā€œwe just need to do Brexit harderā€ argument •contradicts Farage’s entire Ā£1m Budget video campaign •cracks the intellectual foundation of UK sovereign populism

  3. #3

    ⭐ He admits the economic damage is real, measurable, and Brexit-specific He refers to: šŸ“‰ UK GDP 5–8% lower šŸ“‰ Business investment down 15% šŸ“‰ Firm-level productivity 3–4% weaker šŸ“‰ High-trade firms slashing capital spending šŸ“‰ Brexit acting as a ā€œstrong headwindā€ all decade A Brexiteer economist just validated data they normally try to gaslight. This destroys the ā€œanti-Brexit propagandaā€ smear.

  4. #4

    ⭐ 3. He destroys the ā€˜COVID/Ukraine excuse’ narrative He highlights that: •UK divergence began before COVID •EU-facing firms cut investment because of Brexit uncertainty •Only Germany and Canada grew slower than us •UK’s poor performance is not pandemic-driven •Brexit-specific frictions hurt every sector This is the single biggest anti-gaslighting moment of the past 10 years.

  5. #5

    ⭐ 4. He admits the Leave promise of ā€œdynamic regulatory freedomā€ never materialised ā€œWe have endured Brexit’s downsides… with any upsides paling in comparison.ā€ This is devastating for Brexiteers. The Leave selling point was: •deregulate •unshackle •unleash growth Yet under both Tories and Starmer, Brexit’s only outputs have been: •more red tape •more costs •more border checks •more economic drag And no meaningful upside.

  6. #6

    ⭐ 5. He says Brexit ā€œdeepened the fiscal crisisā€ If Brexit worsened the public finances, this confirms āž”ļø Reeves’ inheritance tax raid on farms āž”ļø starving councils āž”ļø stealth tax threshold freezes āž”ļø collapsing public services …are not random. They are the inevitable outcome of ripping out the economic engine that used to fund British public life. Brexit freed the state to rob ordinary people šŸ‘‰and now it is.

  7. #7

    ⭐ 6. This is the exact moment to hit Farage! Farage claims the opposite: ā€¢ā€œBrexit is not to blame.ā€ ā€¢ā€œWe just need harder Brexit.ā€ ā€¢ā€œEverything bad is Labour, migrants, elites.ā€ Now one of the senior Brexit economists has blown that apart. Even the architects of Brexit now admit the truth as Farage keeps lying. For Farage, this is like sunlight shining on a vampire.

  8. #8

    ⭐ 7. This article is an invitation to the country to finally face the truth He writes: ā€œDenial about this helps no one.ā€ That is the turning point. We are entering the phase where: •Brexit elites are splitting •Right-wing thinkers are peeling off •Labour is collapsing on its own contradictions •Reform is overplaying its hand •The public is exhausted by lies This is how the Berlin Wall finally starts to crack.