Car production fell sharply after the summer's Jaguar Land Rover cyber attack; meanwhile Rachel Reeves says "there's more to do to build an economy that works".

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist.

British finance minister Rachel Reeves announced a big tax-raising budget on Wednesday that will take more money from workers, people saving for a pension and investors to give herself greater room to meet her deficit-reduction targets.

RACHEL Reeves received a pre-Budget blow as the UK economy has slowed down. The Chancellor now facing huge pressure after growth was lower than what economists had forecast – and comes ahead

Exclusive: Britons also up to £3,700 worse off, leading to calls for the Labour government to improve relations with the EU

The study estimates that “by 2025, the Brexit process had reduced UK GDP by 6% to 8%, investment by 12% to 18%, employment by 3% to 4%, and productivity by 3% to 4%.” These effects, the economists note, “accumulated gradually over time.”

Can't help but feel those responsible for Brexit should not, for example, be riding high in the polls with a new

On Tuesday we received figures for the labour market which showed a weakening economy. Sometimes the labour market is ahead of the output or GDP numbers as for example we saw in 2012/13. But this morning the GDP numbers disappointed as well.

According to the National Bureau for Economic Research (NBER), which has based its findings on a decade of data since the referendum, the UK’s GDP (Gross Domestic Product) had fallen by as much as 8% from where it should be since 2016.